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NEW YORK, Sept. 30, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE:OUT) is excited to announce that Scott Felenstein has been appointed as the Senior Vice President of Brand Partnerships, bringing over 30 years of extensive experience in advertising, digital media, and sales management. Felenstein joins OUTFRONT Media from National CineMedia (NCM), where he most recently held the role of President - Sales, Marketing & Partnerships. Felenstein, in his new role as Senior Vice President of Brand Partnerships, will ...

Shares of OUTFRONT Media (OUT) have surged 31.8% in the past three months compared with the industry's growth of 17.7%. This New York-based advertising real estate investment trust's (REIT) diverse portfolio of advertising sites and large-scale presence, efforts to bolster its digital presence and strategic acquisitions over the years have enabled it to ride the growth curve so far. Analysts seem bullish about this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for its 2024 funds from operations ...

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Ozgur Donmaz/DigitalVision via Getty Images Introduction/Overview OUTFRONT Media (NYSE:OUT) is a REIT that went public a little over a decade ago in March 2014. They use technology as a way for businesses to connect with their customers. This is done through multiple outlets such as billboards, transit, and mobile assets in the U.S. They also own smaller screens located primarily on subway and train cars in the New York Metropolitan Transportation Authority. The subway is a cheap, efficient, and quick way f ...

Shares of OUTFRONT Media (OUT) have soared 16.4% year to date compared with the industry's growth of 3.2%. This New York-based advertising real estate investment trust's (REIT) diverse portfolio of advertising sites and large-scale presence, efforts to bolster its digital presence and strategic acquisitions over the years have enabled it to ride the growth curve so far. This month, the company reported better-than-expected second-quarter 2024 results. It reported adjusted funds from operations (AFFO) per sh ...

OUTFRONT Media Inc. (OUT) reported second-quarter 2024 adjusted funds from operations (AFFO) per share of 49 cents, which surpassed the Zacks Consensus Estimate of 46 cents. Results reflect lower operating expenses due to lower property lease costs. The company also witnessed higher average revenue per display (yield) across its portfolio. However, a rise in interest expenses hurt the performance to some extent. However, quarterly revenues came in at $477.3 million, which missed the Zacks Consensus Estimate ...

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 ...

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 ...