OUTFRONT Media (OUT) Soars 16.4% YTD: Will the Trend Last?

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 ...