OUTFRONT Media (OUT) Soars 16.4% YTD: Will the Trend Last?
OUTOUTFRONT Media(OUT) ZACKS·2024-08-22 02:10

Shares of OUTFRONT Media (OUT) have soared 16.4% year to date compared with the industry’s growth of 3.2%.This New York-based advertising real estate investment trust’s (REIT) diverse portfolio of advertising sites and large-scale presence, efforts to bolster its digital presence and strategic acquisitions over the years have enabled it to ride the growth curve so far.This month, the company reported better-than-expected second-quarter 2024 results. It reported adjusted funds from operations (AFFO) per shar ...