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Outfront Media 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 |
| 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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