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Dec 31, 2024
Outfront Media Q4 2024 Earnings Report
OUTFRONT Media reported its financial results for the fourth quarter and full year ended December 31, 2024.
Key Takeaways
OUTFRONT Media Inc. finished the year strong, with fourth quarter revenue growth slightly exceeding expectations and full-year AFFO nicely above guidance. The company reported a decrease in total revenues but an increase in organic revenues for the fourth quarter of 2024 compared to the prior year.
Fourth quarter revenues were $493.2 million, a decrease of 1.6% year-over-year, but organic revenues increased by 3.9%.
Net income attributable to OUTFRONT Media Inc. increased by 22.5% to $74.0 million, with diluted EPS of $0.43.
Adjusted OIBDA increased by 2.3% to $155.2 million, and Adjusted FFO attributable to OUTFRONT Media Inc. increased by 9.8% to $118.7 million.
The company approved a quarterly cash dividend of $0.30 per share, payable on March 31, 2025.
Revenue by Segment
Forward Guidance
The report does not contain specific forward-looking guidance for future periods.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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