Outfront Media (OUT) Q3 Revenue Tops Views

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OUTFRONT Media Reports Third Quarter 2019 Results

November 4, 2019 4:03 PM EST

NEW YORK, Nov. 4, 2019 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended September 30, 2019.

"Third quarter total revenues grew 11.7% with strength in both national and local U.S. advertising, generating healthy Adjusted OIBDA and AFFO growth," said Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media. "We expect 2019 will be a double-digit revenue growth year - a noteworthy performance for our company driven by digitization, sales execution, and the growing importance of out-of-home in advertisers' media mix."

Three Months Ended September 30,

Nine Months Ended September 30,

$ in Millions, except per share amounts

2019

2018

... More