Outfront Media (OUT) Beats Q2 FFO Estimates
OUTOUTFRONT Media(OUT) ZACKS·2024-08-07 07:57

Outfront Media (OUT) came out with quarterly funds from operations (FFO) of 0.49pershare,beatingtheZacksConsensusEstimateof0.49 per share, beating the Zacks Consensus Estimate of 0.46 per share. This compares to FFO of 0.47pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof5.650.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 5.65%. A quarter ago, it was expected that this billboard, transit and digital display advertising company would post FFO of 0.14 per share when it actually produced FFO of $0.14, delivering no surprise.Ove ...