The exciting news about OUTFRONT Media (NYSE: OUT) will be shared on Tuesday 5th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
The latest projections from financial analysts on Wall Street suggest that the establishment is likely to reveal an estimated $0.18 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $456.63 million for the period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.09. This figure was attributed to the company's total revenue, which reached an impressive $454.8 million during that same period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.84 billion. Additionally, they are expecting the company to achieve per share profit of $1.43 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.18 | 0% | 477.30 M | +1.8% |
| Q1 2024 | $-0.18 | +5.3% | 408.50 M | +3.2% |
| Q4 2023 | $0.40 | +17.6% | 501.20 M | +1.3% |
| Q3 2023 | $0.09 | -60.9% | 454.80 M | +0.2% |
| Q2 2023 | $0.18 | -35.7% | 468.80 M | +4.1% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.
OUTFRONT Media (OUT) shares experienced a range of $17.75 to $18.09 on a day volume of 2.02 million shares. The stock closed Friday's regular trading session at $17.77, indicating a 0.06 percent gain.
