Outfront Media IncOUT
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Q2 AFFO beat estimates, revenues up, and dividend raised.
Impact on stocks 3
Real Estate
OUTFRONT Media Q2 AFFO Beats Estimates on Transit and Billboard Growth
EarningsCorporate Action
OUTFRONT Media reported second-quarter 2026 adjusted funds from operations of 68 cents per share, up 38.8% year over year and beating the Zacks Consensus Estimate of 59 cents by 15.35%. Revenues increased 13.5% to $522.5 million, surpassing the consensus mark of $508.8 million by 2.68%. Billboard revenues rose 8% to $379.4 million, driven by higher yield and FIFA World Cup contributions, while transit revenues jumped 32.3% to $140.6 million. Adjusted OIBDA climbed 29.2% to $160.3 million, and the board raised the quarterly dividend 10% to 33 cents per share.
Outfront Media IncQ2 AFFO beat estimates, revenues up, and dividend raised.
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