Outfront Media (OUT) Misses Q4 EPS by 11c, Revenues Beat

Outfront Media (NYSE: OUT) reported Q4 EPS of $0.31, $0.11 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $488.1 million versus the consensus estimate of $482.7 million.

"Our strong performance continued in the fourth quarter, with revenues up 7.9% and AFFO up 8.2%," said Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media. "2019 was an impressive year for our business. Our sales force drove 11% growth in both local and national revenues and we took major strides in our digital transformation. Continued investment and sales execution are positioning us for a rewarding 2020."

For earnings history and earnings-related data on Outfront Media (OUT) click here.

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