Tue Sep 17 06:14:50 UTC 2024: ## OUTFRONT Media’s Earnings Forecast Lowered, but Company Exceeds Q2 Expectations

**New York, NY** – OUTFRONT Media Inc. (NYSE:OUT) saw its Q4 2025 EPS estimates reduced by analysts at Zacks Research, though the company recently reported exceeding earnings expectations for the second quarter.

Zacks Research analyst R. Department now expects OUTFRONT to earn $0.63 per share for the quarter, down from a previous forecast of $0.64. The consensus estimate for the full year remains at $1.53 per share.

Despite the lowered forecast, OUTFRONT exceeded analysts’ expectations in Q2, reporting $1.01 earnings per share (EPS), a significant jump over the consensus estimate of $0.41. The company also saw revenue of $477.30 million, though slightly below the projected $482.27 million.

OUTFRONT Media’s stock opened at $17.64 on Monday. The company boasts a strong dividend yield of 6.80% and a quarterly dividend of $0.30, payable on September 27th. Several hedge funds have recently increased their stake in OUTFRONT, indicating potential confidence in the company’s future performance.

OUTFRONT, a leading provider of outdoor advertising, continues to innovate through technology and a diverse portfolio of billboard, transit, and mobile assets. The company is focused on connecting brands with consumers on-the-go, utilizing its technology platform to optimize engagement.

Despite the revised earnings forecast, OUTFRONT Media’s Q2 performance and ongoing strategic initiatives suggest continued positive momentum for the company.

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