OUTFRONT Media Q4 AFFO & Revenues Beat, Interest Expenses Dip

OUTFRONT Media Inc. (OUT) reported fourth-quarter 2024 adjusted funds from operations (AFFO) per share of 69 cents, beating the Zacks Consensus Estimate of 63 cents. The figure increased 7.8% from the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Results reflect better-than-anticipated revenues, backed by lower interest expenses, higher adjusted OIBDA and improved yields.Quarterly revenues came in at $493.2 million, surpassing the Zacks Consensus Estimate of$490.1 m ...