Outfront Media: Q1 Earnings Insights

Outfront Media OUT reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:07 PM.

Here's what investors need to know about the announcement.

Earnings

Outfront Media missed estimated earnings by 58.33%, reporting an EPS of $-0.19 versus an estimate of $-0.12.

Revenue was up $22.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 4.47% drop in the share price the next day.

Here's a look at Outfront Media's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.37 0.25 0.24 -0.08
EPS Actual 0.34 0.23 0.28 -0.04
Revenue Estimate 495.37M 453.00M 445.77M 366.12M
Revenue Actual 494.70M 453.70M 450.20M 373.50M

To track all earnings releases for Outfront Media visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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