OUTFRONT Media Inc. (OUT) News
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Latest OUT News From Around the Web
Below are the latest news stories about OUTFRONT MEDIA INC that investors may wish to consider to help them evaluate OUT as an investment opportunity.
OUTFRONT Media Announces Pricing of Senior Secured Notes OfferingOUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $450.0 million in aggregate principal amount of 7.375% Senior Secured Notes due 2031 (the "notes"). The notes will be sold at an issue price of 100.0% of the principal amount. The offering is expected to close on November 20, 2023, subject to customary closing conditions. |
OUTFRONT Media (OUT) Stock Rises on Q3 AFFO Beat, Revenues UpOUTFRONT Media (OUT) Q3 2023 results reflect decent top-line growth, backed by a rise in billboard revenues. However, higher interest expenses act as a spoilsport. |
4 REITs With 10%+ Yields: Once-In-A-Lifetime Opportunity Or A Desperate Trap?While inflation has made real estate investment trusts (REITs) more appealing to many investors, the rate hikes that followed sent many running in the opposite direction. Higher interest rates have not only hindered company growth but have also made REIT dividend yields less attractive than the "risk-free" Treasury yields. When dividend yields start hitting double digits, however, some REITs become a little too tempting to ignore. Are these 10%+ yields too good to pass up, or too good to be true |
Outfront Media Inc. (NYSE:OUT) Q3 2023 Earnings Call TranscriptOutfront Media Inc. (NYSE:OUT) Q3 2023 Earnings Call Transcript November 2, 2023 Outfront Media Inc. misses on earnings expectations. Reported EPS is $0.09 EPS, expectations were $0.42. Operator: Thank you for standing by and OUTFRONT Third Quarter 2023 Earnings Conference Call. My name is Sam and I’ll be the moderator for today’s call. All lines […] |
Compared to Estimates, Outfront Media (OUT) Q3 Earnings: A Look at Key MetricsWhile the top- and bottom-line numbers for Outfront Media (OUT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
Outfront Media Inc (OUT) Reports Q3 2023 Earnings: Revenues Slightly Up, Net Income DownBillboard revenues show strength, while net income sees a significant decrease |
OUTFRONT Media Reports Third Quarter 2023 ResultsOUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended September 30, 2023. |
OUTFRONT Media Announces Quarterly DividendOUTFRONT 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 December 29, 2023, to shareholders of record at the close of business on December 1, 2023. |
OUTFRONT Media to Divest its Canadian Business to Bell MediaOUTFRONT Media Inc. (NYSE: OUT) and Bell Media announced today that they have entered into an agreement to sell the Canadian business of OUTFRONT Media to Bell Media, a wholly-owned subsidiary of BCE (TSX, NYSE: BCE). The purchase price is C$410 million in cash, subject to certain adjustments and a holdback. The transaction is expected to close in 2024, subject to regulatory approval and other closing conditions. |
OUTFRONT Media To Report 2023 Third Quarter Results on November 2, 2023OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the fiscal quarter ended September 30, 2023, after the market closes on Thursday, November 2, 2023. The earnings announcement will be available in the Investor Relations section of the Company's website, www.outfront.com. |