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Recap: Outfront Media Q2 Earnings

Outfront Media (NYSE:OUT) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:03 PM. Here's what investors need to know about the announcement. Earnings Outfront Media beat estimated earnings by 16.67%, reporting an EPS of $0.28 versus an estimate of $0.24.
byBenzinga Insights
August 3, 2022
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Outfront Media (NYSE:OUT) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:03 PM.

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

Earnings

Outfront Media beat estimated earnings by 16.67%, reporting an EPS of $0.28 versus an estimate of $0.24.

Revenue was up $109.20 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 5.29% drop in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.08 0.24 0.04 -0.11
EPS Actual -0.04 0.42 0.18 -0.05
Revenue Estimate 366.12M 444.70M 387.85M 330.05M
Revenue Actual 373.50M 464.50M 399.20M 341.00M

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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