Outfront Media (OUT) Q1 FFO and Revenues Lag Estimates

Company Performance - Outfront Media reported quarterly funds from operations (FFO) of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 per share, and matching the FFO of $0.14 per share from a year ago [1] - The quarterly report indicates an FFO surprise of -6.67%, while the previous quarter saw an FFO of $0.69 per share, exceeding expectations by 9.52% [2] - The company posted revenues of $390.7 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.50%, compared to revenues of $408.5 million a year ago [3] Stock Performance - Outfront Media shares have declined approximately 14% since the beginning of the year, contrasting with the S&P 500's decline of -4.3% [4] - The current consensus FFO estimate for the upcoming quarter is $0.51 on revenues of $469.33 million, and for the current fiscal year, it is $1.87 on revenues of $1.83 billion [8] Industry Outlook - The REIT and Equity Trust - Other industry, to which Outfront Media belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, indicating potential challenges ahead [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in estimate revisions, which could impact Outfront Media's stock performance [6]