* OUTFRONT Media Inc reported quarterly adjusted earnings of 22 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of six analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 14 cents to 22 cents per share.
* Revenue fell 0.6% to $451.90 million from a year ago; analysts expected $456.63 million.
* OUTFRONT Media Inc's reported EPS for the quarter was 19 cents.
* The company reported quarterly net income of $34.6 million.
* OUTFRONT Media Inc shares had fallen by 1.8% this quarter and gained 29.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 4.1% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for OUTFRONT Media Inc is $19.00 This summary was machine generated from LSEG data November 12 at 07:25 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.54 0.48 Missed
Jun. 30 2024 0.54 0.49 Missed
Mar. 31 2024 0.06 0.14 Beat
Dec. 31 2023 0.62 0.60 Missed
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