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Sep 30, 2024
Outfront Media Q3 2024 Earnings Report
Reported a slight decrease in revenue but an increase in net income.
Key Takeaways
OUTFRONT Media reported a slight decrease in revenue but an increase in net income for Q3 2024. The company's U.S. Media business showed strength with revenue growth and Adjusted OIBDA growth. A special dividend of $0.75 per share was announced.
Revenues decreased slightly to $451.9 million.
Net income attributable to OUTFRONT Media Inc. increased to $34.6 million.
Adjusted OIBDA increased slightly to $117.1 million.
A special dividend of $0.75 per share was declared.
Outfront Media
Outfront Media
Outfront Media Revenue by Segment
Forward Guidance
The company is on track to achieve the high-end of their full-year Consolidated AFFO growth target.
Revenue & Expenses
Visualization of income flow from segment revenue to net income