Compared to Estimates, Outfront Media (OUT) Q4 Earnings: A Look at Key Metrics

Core Insights - Outfront Media reported revenue of $493.2 million for Q4 2024, a year-over-year decline of 1.6%, with an EPS of $0.69 compared to $0.36 a year ago, indicating significant improvement in earnings despite revenue decline [1] - The reported revenue exceeded the Zacks Consensus Estimate of $490.06 million, resulting in a surprise of +0.64%, while the EPS surprise was +9.52% against a consensus estimate of $0.63 [1] Revenue Breakdown - Transit and other revenues were $116.50 million, surpassing the average estimate of $109.49 million by two analysts, reflecting a year-over-year increase of +3.9% [4] - Billboard revenues totaled $374.60 million, falling short of the average estimate of $381.12 million, representing a year-over-year decline of -3.7% [4] Earnings Metrics - Net Earnings Per Share (Diluted) was reported at $0.43, exceeding the average estimate of $0.38 from five analysts [4] - Corporate Adjusted OIBDA was -$18.20 million, slightly worse than the average estimate of -$17.41 million from three analysts [4] - Other Adjusted OIBDA was $0.40 million, below the average estimate of $1.02 million from three analysts [4] Stock Performance - Over the past month, shares of Outfront Media returned -1.6%, slightly better than the Zacks S&P 500 composite's -1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]