Outfront Media (OUT) Tops Q3 EPS by 8c
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OUTFRONT Media Reports Third Quarter 2016 Results
November 7, 2016 4:03 PM ESTNEW YORK, Nov. 7, 2016 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended September 30, 2016.
"Improving yields helped deliver 2.3% organic revenue growth in the third quarter, which translated into significantly higher OIBDA and AFFO growth. We expect 2016 AFFO to come in at - or slightly above - the top end of our guidance, while we continue to invest in our business," said Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media. "We see national... More
