NYSE$OUT

Outfront Media Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

OUTFRONT Media reported its financial results for the fourth quarter and full year ended December 31, 2024.

OUTFRONT Media Inc. finished the year strong, with fourth quarter revenue growth slightly exceeding expectations and full-year AFFO nicely above guidance. The company reported a decrease in total revenues but an increase in organic revenues for the fourth quarter of 2024 compared to the prior year.

  • Fourth quarter revenues were $493.2 million, a decrease of 1.6% year-over-year, but organic revenues increased by 3.9%.
  • Net income attributable to OUTFRONT Media Inc. increased by 22.5% to $74.0 million, with diluted EPS of $0.43.
  • Adjusted OIBDA increased by 2.3% to $155.2 million, and Adjusted FFO attributable to OUTFRONT Media Inc. increased by 9.8% to $118.7 million.
  • The company approved a quarterly cash dividend of $0.30 per share, payable on March 31, 2025.

Headline financials

Total Revenue

$493M

Previous: $501M-1.6%
EPS (adj)

$0.43

Previous: $0.40+7.5%
Net Income

$74M

Previous: $60.4M+22.5%
Operating Income

$111M

Previous: $111M+0.1%

Revenue & EPS history

Outfront Media · Revenue · Quarterly

$493M

Q4 2024-1.6%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Outfront Media · $455M total across 2 segments · Q3 2023

  • Billboard
    $364M+2.4%
  • Transit
    $91.2M-7.6%

Forward guidance

The report does not contain specific forward-looking guidance for future periods.

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 Q4 2024

Historical avgQ4 2024

+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

Earnings price reactions
QuarterReport dateReaction (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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