NYSE$OUT
Outfront Media Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported second quarter results, impacted by COVID-19.
OUTFRONT Media Inc. reported a decrease in revenue and a net loss for the second quarter of 2020, primarily due to the impact of the COVID-19 pandemic on advertising expenditures and overall demand. The company is focusing on cost control and maintaining a strong liquidity position.
- Revenues decreased by 49.4% compared to the same period last year, totaling $232.9 million.
- Operating loss was $25.9 million, a significant downturn from the operating income of $88.7 million in the prior year.
- Net loss attributable to OUTFRONT Media Inc. was $57.9 million, or $0.44 per diluted share.
- Adjusted OIBDA decreased by 84.9% to $21.7 million.
Headline financials
Revenue & EPS history
Outfront Media · Revenue · Quarterly
$233M
Revenue by segment
Outfront Media · $455M total across 2 segments · Q3 2023
- Billboard$364M+2.4%79.9%
- Transit$91.2M-7.6%20.1%
Forward guidance
The COVID-19 pandemic is expected to continue to have a significant impact on the global economy and OUTFRONT Media's business. Key performance indicators, total revenues, and total expenses are expected to be materially lower in 2020 than historical levels, particularly in the U.S. Media segment and with respect to the transit and other business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.4%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.8%
Avg return
30 days after
55%
29 / 53 earnings
Positive
+22.4%
Q3 2023
Best reaction
-17.7%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.3% | -2.5% | -5.1% | |
| Q4 2025 | +5.9% | +7.0% | -4.5% | |
| Q3 2025 | +13.6% | +21.9% | +32.3% | |
| Q1 2025 | -2.5% | +5.0% | +5.8% | |
| Q4 2024 | +0.6% | +1.4% | -11.0% | |
| Q3 2024 | +3.6% | -0.8% | +4.2% | |
| Q2 2024 | +7.6% | +8.3% | +20.8% | |
| Q1 2024 | -7.4% | -7.2% | -11.3% | |
| Q4 2023 | +18.5% | +18.7% | +28.2% | |
| Q3 2023 | +22.4% | +21.4% | +32.4% | |
| Q2 2023 | -17.7% | -21.4% | -22.7% | |
| Q1 2023 | -9.1% | -10.8% | -10.6% | |
| Q4 2022 | -5.3% | -5.9% | -19.0% | |
| Q3 2022 | -5.5% | -5.0% | +6.3% | |
| Q2 2022 | -2.1% | +3.1% | -5.3% | |
| Q1 2022 | -5.6% | -10.0% | -19.6% | |
| Q4 2021 | +6.6% | +7.8% | +15.9% | |
| Q3 2021 | +6.0% | +2.6% | -8.3% | |
| Q2 2021 | +8.4% | +6.3% | +6.3% | |
| Q1 2021 | -5.3% | -0.4% | -4.0% | |
| Q4 2020 | -6.9% | -4.3% | +1.5% | |
| Q3 2020 | +8.9% | +27.4% | +41.3% | |
| Q2 2020 | +2.1% | +5.1% | +13.5% | |
| Q1 2020 | +0.8% | -20.8% | +35.0% | |
| Q4 2019 | -3.5% | -11.8% | -57.2% | |
| Q3 2019 | -5.4% | -6.1% | -5.3% | |
| Q2 2019 | +0.5% | +3.6% | +2.3% | |
| Q1 2019 | +3.1% | +4.4% | +5.7% | |
| Q4 2018 | +2.7% | +5.4% | +6.9% | |
| Q3 2018 | +11.7% | +15.5% | +14.0% | |
| Q2 2018 | -10.6% | -11.2% | -4.1% | |
| Q1 2018 | +2.3% | +4.0% | +5.0% | |
| Q4 2017 | -7.7% | -9.3% | -15.6% | |
| Q3 2017 | +2.1% | +3.0% | -1.2% | |
| Q2 2017 | +1.6% | +0.0% | -1.4% | |
| Q1 2017 | -10.1% | -9.8% | -12.4% | |
| Q4 2016 | -8.6% | -4.8% | -3.8% | |
| Q3 2016 | +7.5% | +1.9% | +18.6% | |
| Q2 2016 | -3.0% | -3.1% | -2.7% | |
| Q1 2016 | -2.0% | — | — | |
| Q4 2015 | +0.5% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | -6.5% | — | — | |
| Q1 2015 | -3.2% | — | — | |
| Q4 2012 | -3.4% | — | — | |
| Q4 2014 | -3.4% | — | — | |
| Q3 2014 | +0.8% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | -2.6% | — | — | |
| Q2 2014 | -2.6% | — | — | |
| Q1 2013 | +5.7% | — | — | |
| Q1 2014 | +5.7% | — | — | |
| Q4 2013 | +5.7% | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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