Outfront Media reported second-quarter 2026 consolidated revenue up 14%, driven by a 32% surge in transit and 8% growth in billboard, with adjusted OIBDA climbing 29% to $160 million. The FIFA World Cup generated over $35 million in quarterly revenue and more than $50 million overall, roughly half of which was incremental. Digital billboard revenue rose 17.6%, or over 21% excluding an exited Los Angeles contract, while combined digital revenue grew over 23% to represent about 37% of total revenues. Programmatic and digital direct automated sales jumped nearly 50%, now accounting for 20% of total digital revenue. The company raised its quarterly cash dividend by 10% to $0.33 per share and expects full-year 2026 AFFO to grow in the low 20s percent range relative to reported 2025 AFFO of $338 million.
Outfront Media IncRecord revenue and OIBDA growth, raised dividend, and strong AFFO outlook.
