OUT Earnings Prediction
The chart below shows how OUT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OUT sees a +1.52% change in stock price 10 days leading up to the earnings, and a +0.12% change 10 days following the report. On the earnings day itself, the stock moves by +0.40%. This data can give you a slight idea of what to expect for the next quarter's release.
OUT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
451.90M
-0.64%
-5.32%
Gross Margin
40.16%
3.77%
-5.01%
Operating Margin
16.11%
3.60%
-7.04%
Net Margin
7.70%
109.81%
-79.23%
EPS
0.20
122.22%
-80.00%
No Data Available
OUT Earnings Analysis
OUTFRONT Media Inc. Corporation (OUT.N) Earnings Conference Call
Positive
Media Revenue Growth: U.S. media revenues grew over 5%, driven by an acceleration in billboard growth and high single-digit growth in transit.
U.S. Media OIBDA Growth: U.S. media adjusted OIBDA grew just over 11%, driven by the revenue growth combined with U.S. media expense growth of just 3%.
AFFO Growth Achievement: Consolidated AFFO grew nearly 7% to $81 million, putting us well on our way to achieving the high end of the growth target we laid out earlier this year.
Impressive AFFO Growth: Our AFFO growth is impressive given that we are comparing against the seasonally strong quarter from last year that included our since divested Canadian business.
Digital Revenue Growth: Our U.S. media digital performance saw revenue growing 10% in the quarter, representing over 32% of our total revenues, up from 31% last year.
Negative
U.S. Media OIBDA Growth: U.S. Media adjusted OIBDA grew just over 11% driven by the revenue growth I just described, combined with U.S. Media expense growth of just 3%.
AFFO Growth Achievement: Consolidated AFFO grew nearly 7% to $81 million and puts us well on our way to achieving the high end of the growth target we laid out earlier this year.
Media Expense Increase: Total U.S. Media expenses were up just under $10 million or just over 3% year-over-year.
Media Billable Expenses Increase: U.S. Media billable expenses were up 1% versus last year.
Media Expense Increase: U.S. Media posting, maintenance and other expenses were up about 10% versus the prior year primarily due to higher compensation related expenses and an increase in business activity driving higher posting and rotation costs.
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OUT Earning Call Sentiment
OUTFRONT Media Inc. (OUT) Q3 2024 Earnings Call Transcript
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00:00
00:00
OUT.N
-0.53%Positive
The earnings call highlights strong financial performance with U.S. Media revenues and OIBDA growth, alongside a special dividend announcement, which is generally positive for shareholders. Despite concerns over the MTA exit and storm impacts, management's optimistic guidance and the digital revenue growth are promising. The Q&A reveals some uncertainties, but overall, the sentiment remains positive, especially with the company's strategic initiatives and reduced leverage. Given the market cap of approximately $2.3 billion, the stock price is likely to experience a moderate positive reaction.