JPMorgan Downgrades Outfront Media (OUT) to Neutral on 'Transit Weakness and Reduced Billboard Outlook'

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Go back to JPMorgan Downgrades Outfront Media (OUT) to Neutral on 'Transit Weakness and Reduced Billboard Outlook'

OUTFRONT Media Reports Second Quarter 2023 Results

August 3, 2023 4:07 PM EDT

Revenues of $468.8 million

Operating loss of $438.2 million (includes $511.4 million impairment taken on U.S. Transit and Other)

Net loss attributable to OUTFRONT Media Inc. of $478.9 million

Adjusted OIBDA of $122.2 million

AFFO attributable to OUTFRONT Media Inc. of $78.0 million

Quarterly dividend of $0.30 per share, payable September 29,... More

OUTFRONT Media Announces Quarterly Dividend

August 3, 2023 4:06 PM EDT

NEW YORK, Aug. 3, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that its board of directors has declared a quarterly cash dividend on the Company's common stock of $0.30 per share payable on September 29,... More