Outfront Media (OUT) Tops Q4 EPS by 1c, Revenues Beat
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Outfront Media (NYSE: OUT) reported Q4 EPS of ($0.02), $0.01 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $335.8 million versus the consensus estimate of $317.4 million.
"Digital billboards returned to growth, helping drive total revenues above our expectations, with good flow-through to cash flow," said Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media. "We will return to positive revenue growth in the second quarter as we lap the onset of the pandemic, and look forward to further recovery in our business throughout the year."
For earnings history and earnings-related data on Outfront Media (OUT) click here.
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