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-0.00107933081489474 -0.000269832703723638 0 -0.00134916351861838 0.00134916351861838 0.00377765785213169 0.00269832703723695 0.00809498111171066
Stock impact report

Outfront Media Inc (OUT) Q3 2024 Earnings Call Highlights: Navigating Growth Amidst Market ... [Yahoo! Finance]

OUTFRONT Media Inc. (OUT) 
Last outfront media inc. earnings: 2/25 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Outfront Media Inc ( NYSE:OUT ) reported a 5% revenue growth in its US media segment, driven by strong performance in billboard and transit sectors. Adjusted OBIDA for the US media segment grew over 11%, indicating effective cost management and operational efficiency. Digital revenue represented over 32% of total revenues, with digital billboard revenue up over 11%, showcasing successful digital transformation efforts. The company completed its initial deployment commitments for digital displays in the New York MTA, enhancing its digital footprint. Outfront Media Inc ( NYSE:OUT ) announced a special dividend, reflecting strong financial health and commitment to returning value to shareholders. The exit from a New York MTA billboard contract will create a revenue headwind for Q4 and into 2025. Weakness in key markets like Los Angeles and New York affected overall performance, particularly in the national segment. The company faced increased corporate expenses due to cons Show less Read more
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