Outfront Media Inc (OUT)
NYSE:OUT
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.01Last Year’s EPS
-0.14Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a generally positive tone driven by accelerating top-line growth, strong Transit momentum (particularly New York MTA), meaningful improvement in OIBDA and AFFO, expanding digital revenue and strategic partnerships (AWS, AdQuick). Management highlighted operational progress (sales reorganization, workflow modernization) and a clear digital investment path (CapEx focused on conversions). Lowlights are mostly transitional or tactical: reported Billboard revenue dilution from strategic contract exits, category softness (government/retail/auto), modest increases in SG&A and Transit expenses, and a still-elevated but targeted leverage level. On balance the positive operational and financial improvements materially outweigh the limited near-term headwinds.Company Guidance
Consolidated Revenue and Profit Growth
Consolidated revenues increased 4.1% in Q4 2025 (accelerating from Q3's 3.5%). Adjusted consolidated OIBDA rose ~12% to approximately $174 million, and AFFO improved ~8.3% to $130 million.
Strong Transit Performance (MTA-Led)
Transit revenues grew ~16% in the quarter, led by the New York MTA which was up over 20% in Q4. Digital Transit revenues jumped 37% to $73 million. Transit adjusted OIBDA improved more than 56% to over $34 million.
Billboard Margin Expansion and Portfolio Optimization
Billboard adjusted OIBDA increased by over $5 million (+3.4%), and Billboard adjusted OIBDA margin expanded ~120 basis points year-over-year to 41.5%, driven by inventory management and portfolio exits of marginal contracts.
Digital Revenue Momentum
Combined digital revenue grew ~11% in the quarter and accounted for ~39% of total revenues. Excluding two exited contracts, digital revenue growth would have exceeded 16%. Programmatic and digital direct automated sales increased ~11.3% and represented 16.9% of total digital revenues.
Commercial and Enterprise Revenue Mix
Commercial revenues grew nearly 7% in Q4 (Transit mid-teens, Billboard mid-single digits). Enterprise was up ~1% overall, with mid-teens Transit growth offsetting Billboard declines tied to contract exits.
CapEx and Digital Conversions
Q4 CapEx was ~$25 million (including ~$11 million maintenance). Converted 26 new boards to digital in Q4 and 103 for the year. 2026 CapEx guidance is ~$90 million with $30–35 million expected for maintenance and the balance focused on digital development/conversions.
Liquidity, Leverage and Shareholder Return
Committed liquidity nearly $750 million (including ~ $100 million cash, ~$500 million revolver capacity, $150 million AR securitization). Net leverage 4.7x (within the 4x–5x target). Board maintained $0.30 cash dividend payable March 31.
Strategic Partnerships and Commercial Initiatives
Signed strategic agreements with AWS (agency-connect/enterprise integration) and AdQuick (AI-powered OOH planning/buying), intended to simplify planning, buying and measurement and to unlock new SMB and enterprise demand.
OUT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OUT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $26.58 | $28.23 | +6.18% |
Nov 06, 2025 | $17.21 | $19.70 | +14.41% |
Aug 05, 2025 | $17.58 | $16.98 | -3.39% |
May 08, 2025 | $14.52 | $14.15 | -2.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Outfront Media Inc (OUT) report earnings?
Outfront Media Inc (OUT) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is Outfront Media Inc (OUT) earnings time?
Outfront Media Inc (OUT) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OUT EPS forecast?
OUT EPS forecast for the fiscal quarter 2026 (Q1) is 0.01.