Outfront Media Inc (OUT, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $456.63 million, and the earnings are expected to come in at $0.18 per share. The full year 2024's revenue is expected to be $1.84 billion and the earnings are expected to be $1.18 per share. More detailed estimate data can be found on the Forecast page.
Outfront Media Inc (OUT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Outfront Media Inc (OUT) have seen a slight adjustment, with the forecast for the full year 2024 decreasing from $1.85 billion to $1.84 billion, and the 2025 projection slightly declining from $1.89 billion to $1.89 billion. Conversely, earnings estimates have shown improvement; for the full year 2024, estimates increased from $1.13 per share to $1.18 per share, and for 2025, they rose from $0.80 per share to $0.82 per share.
Outfront Media Inc (OUT, Financial) Reported History
In the previous quarter of June 30, 2024, Outfront Media Inc's (OUT) actual revenue was $477.30 million, which missed analysts' revenue expectations of $483.60 million by -1.3%. Outfront Media Inc's (OUT) actual earnings were $1.01 per share, which beat analysts' earnings expectations of $0.21 per share by 371.96%. After releasing the results, Outfront Media Inc (OUT) was up by 6.32% in one day.
Outfront Media Inc (OUT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 5 analysts, the average target price for Outfront Media Inc (OUT) is $19.20 with a high estimate of $22 and a low estimate of $17. The average target implies an upside of 8.66% from the current price of $17.67.
Based on GuruFocus estimates, the estimated GF Value for Outfront Media Inc (OUT, Financial) in one year is $16.13, suggesting a downside of -8.72% from the current price of $17.67.
Based on the consensus recommendation from 8 brokerage firms, Outfront Media Inc's (OUT, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
