OUTFRONT Media Inc. (NYSE:OUT) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Stephan Bisson – Head-Investor Relations Jeremy Male – Chairman and Chief Executive Officer Matthew Siegel – Executive Vice President and Chief Financial Officer Conference Call Participants David Karnovsky – JPMorgan Cameron McVeigh – Morgan Stanley Ian Zaffino – Oppenheimer Jason Bazinet – Citi Lance Vitanza – TD Cowen Jim Goss – Barrington Research Operator Hello all, and welcome to OUTFRONT Med ...

For the quarter ended June 2024, Outfront Media (OUT) reported revenue of $477.3 million, up 1.8% over the same period last year. EPS came in at $0.49, compared to -$2.92 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $482.1 million, representing a surprise of -1.00%. The company delivered an EPS surprise of +5.65%, with the consensus EPS estimate being $0.46. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Outfront Media (OUT) came out with quarterly funds from operations (FFO) of $0.49 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to FFO of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 5.65%. A quarter ago, it was expected that this billboard, transit and digital display advertising company would post FFO of $0.14 per share when it actually produced FFO of $0.14, delivering no surprise. O ...

WAFFLE CONES SUNDALS WILLS WARSHARD Quarte August 6, 2024 CUTFRONTPR MI t Call n SAFE HARBOR DISCLAIMER Cautionary Statement Regarding Forward-Looking Statements We have made statements in this document that are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "could," "would," "may," "might," "will," ...

Exhibit 99.1 OUTFRONT Media Reports Second Quarter 2024 Results Revenues of $477.3 million Operating income of $229.1 million Net income attributable to OUTFRONT Media Inc. of $176.8 million Adjusted OIBDA of $126.0 million AFFO attributable to OUTFRONT Media Inc. of $84.8 million Quarterly dividend of $0.30 per share, payable September 27, 2024 NEW YORK, August 6, 2024 – OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended June 30, 2024. "Our U.S. Media business continued to display ...

Revenues of $477.3 million Operating income of $229.1 million Net income attributable to OUTFRONT Media Inc. of $176.8 million Adjusted OIBDA of $126.0 million AFFO attributable to OUTFRONT Media Inc. of $84.8 million Quarterly dividend of $0.30 per share, payable September 27, 2024 NEW YORK, Aug. 6, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended June 30, 2024. "Our U.S. Media business continued to display solid growth during the quarter, with revenue up 4% ...

NEW YORK, Aug. 6, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that its board of directors has declared a quarterly cash dividend on the Company's common stock of $0.30 per share payable on September 27, 2024, to shareholders of record at the close of business on September 6, 2024. About OUTFRONT Media Inc. OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of bil ...

The Company will host a conference call to discuss the results on Tuesday, August 6, 2024 at 4:30 p.m. Eastern Time. The conference call number is 833-470-1428 (U.S. callers) and 404-975-4839 (International callers) and the passcode for both is 988725. About OUTFRONT Media Inc. Contacts: SOURCE OUTFRONT Media Inc. NEW YORK, July 17, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the fiscal quarter ended June 30, 2024 after the market closes on Tuesday, A ...

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. However, elevated operating expenses and high interest rates will likely weigh on its bottom-line growth in the near term. Competition from several advertising channels m ...

NEW YORK, June 10, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) and Bell Media Inc., a wholly-owned subsidiary of BCE Inc. (TSX, NYSE: BCE), announced today that they have closed the sale of OUTFRONT Media's Canadian business to Bell Media for a purchase price of C$410 million in cash, subject to certain purchase price adjustments. About OUTFRONT Media Inc. Bell Media is Canada's leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and ...