OUTFRONT Media (OUT) Sells its Canadian Business to Bell Media [Yahoo! Finance]
OUTFRONT Media Inc. (OUT)
Last outfront media inc. earnings: 2/25 04:03 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.outfrontmedia.com/who-we-are/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
The sale of OUTFRONT Media's Canadian business highlights the solid demand for out-of-home assets. This strategic move will allow OUTFRONT Media to lower its financial leverage and focus solely on managing its fully domestic business within the United States. OUTFRONT Media had previously entered into an agreement to divest its Canadian business to Bell Media in October 2023. Apart from strategic disposition, OUTFRONT Media has capitalized on acquisitions to enhance its portfolio. In the first quarter of 2024, the company acquired several assets for nearly $6 million. In 2023, the company acquired several assets for around $33.7 million. With such expansion efforts, it remains poised to grow over the long term. OUTFRONT Media enjoys a well-diversified portfolio of advertising sites, both geography- and industry-wise, in some of the key markets of the United States. Its efforts to expand the out-of-home advertising platform bode well for long-term growth. Strategic investments i
Show less
Read more
Impact Snapshot
Event Time:
OUT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OUT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OUT alerts
High impacting OUTFRONT Media Inc. news events
Weekly update
A roundup of the hottest topics
OUT
News
- OUTFRONT Media Surges 31.8% in 3 Months: Will the Trend Last? [Yahoo! Finance]Yahoo! Finance
- OUTFRONT Media Inc. (NYSE: OUT) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating and a $22.00 price target on the stock.MarketBeat
- Women's Wear Daily Celebrates National Hispanic Heritage Month with High Impact Campaign in Partnership with OUTFRONT [Yahoo! Finance]Yahoo! Finance
- Women's Wear Daily Celebrates National Hispanic Heritage Month with High Impact Campaign in Partnership with OUTFRONTPR Newswire
- Here's Why You Should Retain OUTFRONT Media Stock for Now [Yahoo! Finance]Yahoo! Finance
OUT
Earnings
- 8/6/24 - Beat
OUT
Sec Filings
- 9/27/24 - Form 4
- 9/27/24 - Form SC
- 9/27/24 - Form 4
- OUT's page on the SEC website