Outfront Media (OUT) Stock

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Outfront Media (OUT) and Public Storage (PSA). But which of these two stocks presents investors with the better value opportunity right now?

Outfront Media (OUT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Geographically diversified advertising sites, digital billboard conversions and strategic buyouts are likely to support OUT's performance in the quarters ahead.

OOH Campaign Highlights the Power of Donating During the Thanksgiving Season NEW YORK , Nov. 26, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE: OUT), one of the largest out-of-home (OOH) media companies in the U.S., has unveiled a new campaign with The Farmlink Project, the fastest-growing solution in the charitable food space, to drive home an important food insecurity fact on Thanksgiving. The campaign, running now through Friday, Dec. 6, features the line "$1 = 17 lbs of food saved" to jolt audiences into action.

Outfront Media (OUT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

OUTFRONT Media's Q3 results reflect higher average revenue per display and lower operating expenses.

OUTFRONT Media Inc. (NYSE:OUT ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Stephan Bisson - Head of Investor Relations Jeremy Male - Chairman and Chief Executive Officer Matthew Siegel - Executive Vice President and Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Cameron McVeigh - Morgan Stanley Lance Vitanza - TD Cowen Ian Zaffino - Oppenheimer Daniel Osley - Wells Fargo Patrick Scholl - Barrington Research Operator Hello everyone, and welcome to OUTFRONT Media's Third Quarter 2024 Earnings Call. My name is Lydia, and I will be your operator today.

While the top- and bottom-line numbers for Outfront Media (OUT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Revenues of $451.9 million Operating income of $71.3 million Net income attributable to OUTFRONT Media Inc. of $34.6 million Adjusted OIBDA of $117.1 million AFFO attributable to OUTFRONT Media Inc. of $80.8 million Special dividend of $0.75 per share, payable December 31, 2024 NEW YORK , Nov. 12, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended September 30, 2024. "The strength of our U.S. Media business accelerated slightly in the third quarter, with 5% revenue growth and 11% Adjusted OIBDA growth," said Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media.