Outfront Media Inc (OUT)
NYSE:OUT
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.38Last Year’s EPS
0.1Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive performance with meaningful top-line acceleration (revenues +10%), a large OIBDA improvement (+56% to ~$100M), strong transit momentum (transit +22%, NY MTA +26%), and clear digital/programmatic traction (programmatic +~40%). Management highlighted ongoing investments, healthy liquidity (> $700M), and a constructive outlook (Q2 rev growth >10%). Offsetting factors include one-time combination revenues and the exit of a large LA contract that complicate comparability, a small transit adjusted OIBDA loss still on the books, timing-related MTA accounting complexities (~$7M Q1 impact and higher Q4 franchise expense expected), and modest increases in operating expenses and leveraged capital structure. On balance, the substantive operational improvements, strong cash/liquidity position, and reiterated growth plans outweigh the comparability issues and near-term expense/headwind items.Company Guidance
Strong Consolidated Financial Performance
Consolidated revenues up 10% year-over-year; consolidated adjusted OIBDA up 56% to about $100 million; AFFO more than doubled in the quarter to $61 million.
Robust Transit Growth Led by New York MTA
Transit revenues grew 22% in Q1, led by the New York MTA which was up over 26%; digital transit revenues rose over 26 to ~ $45 million; commercial transit sales grew ~35% (commercial team performance). Management expects Q2 transit growth of ~30%.
Billboard Revenue and Yield Improvement
Billboard revenues were up 7.1% year-over-year; billboard yield grew 11% to over $2.9k per month. Excluding one-time combination revenue and the exited LA contract, billboard yield would have been up ~6.5%.
Digital and Programmatic Momentum
Combined digital revenue grew over 11% and represented ~1/3 of total revenues; excluding the LA contract digital growth would have been nearly 15%. Programmatic and automated digital direct sales rose nearly 40% and now represent ~20% of total digital revenue (up from 16% a year ago).
Healthy Liquidity and Balance Sheet Progress
Committed liquidity over $700 million (including ~$70M cash, ~ $500M revolver availability, and $150M AR securitization). Total net leverage declined to 4.3x, within the company target range of 4–5x. Board maintained a $0.30 quarterly dividend.
Ongoing Investment and Digital Conversions
Q1 CapEx was ~$24 million (including ~$7M maintenance); converted 14 billboards to digital in Q1 and expects ~125 digital conversions for the full year. Company investing in technology (CRM, AdQuick partnership) and workflow to support revenue targets; full-year CapEx expected ~ $90M.
Positive Near-Term Revenue Outlook
Management indicated Q1 trends continued into spring/summer and now expects Q2 consolidated revenue growth to accelerate to over 10% year-over-year (driven by ~30% transit growth and mid-single-digit billboard growth), with FIFA/World Cup demand a contributing tailwind.
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 |
|---|---|---|---|
May 07, 2026 | $32.81 | $33.90 | +3.32% |
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% |
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 Jul 30, 2026, After Close (Confirmed).
What is Outfront Media Inc (OUT) earnings time?
Outfront Media Inc (OUT) earnings time is at Jul 30, 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 (Q2) is 0.38.