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While the top- and bottom-line numbers for Outfront Media (OUT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
NEW YORK , Oct. 18, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the fiscal quarter ended September 30, 2023, after the market closes on Thursday, November 2, 2023. The earnings announcement will be available in the Investor Relations section of the Company's website, www.outfront.com.
OUTFRONT Media has experienced a significant drop since our last coverage. This has pushed the yield up to 14% and the stock is trading near 5X forward AFFO. The dividend actually looks safe based on AFFO coverage but there are things to consider here before buying.
Stiff competition from several advertising channels and rising costs due to an inflationary and high-interest rate environment pose a bleak near-term outlook for OUTFRONT Media (OUT).
OUTFRONT Media's (OUT) Q2 results miss estimates. Higher operating expenses pose a concern.
Although the revenue and EPS for Outfront Media (OUT) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Outfront Media (OUT) and CubeSmart (CUBE). But which of these two stocks offers value investors a better bang for their buck right now?
OUTFRONT Media has recovered its pre-COVID-19 revenues, though the price is still depressed. Though structured as a REIT, we see the high variability of AFFO as something that flies in the face of the standard REIT model. We tell you why Lamar Advertising looks better and why we even passed on OUTFRONT debt yielding 7.59%.
NEW YORK , July 19, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the fiscal quarter ended June 30, 2023, after the market closes on Thursday, August 3, 2023. The earnings announcement will be available in the Investor Relations section of the Company's website, www.outfront.com.
