OUTFRONT Media Reports Second Quarter 2016 Results

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Outfront Media (OUT) Misses Q2 AFFO by 2c

August 4, 2016 6:20 PM EDT

Outfront Media (NYSE: OUT) reported Q2 AFFO of $0.59, $0.02 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $385.3 million versus the consensus estimate of $380.66 million.

"Performance this quarter reflected good execution with organic revenues up 4.3% and AFFO up 13.4%," said... More