Reports Q2 revenue $460.2M, consensus $461M. “We undertook a number of internal actions during the second quarter, restructuring our sales function and placing key leaders in positions to accelerate and drive future growth,” said Nick Brien, Interim CEO of OUTFRONT Media (OUT). “With the reorganization behind us, we are now poised to take greater advantage of out-of-home’s power to influence decisions IRL and improve our share of advertisers’ budgets.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OUT:
- OUT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Outfront Media price target raised to $19 from $17 at Wells Fargo
- Positive Outlook for Outfront Media: Buy Rating Backed by Financial Improvements and Strategic Cost-Cutting
- Outfront Media Announces Workforce Restructuring Plan
- Outfront Media Appoints Mark Carleton to Board