Outfront Media Q4 2023 Adj EPS $0.40 Beats $0.36 Estimate, Sales $501.20M Beat $495.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Outfront Media (OUT) reported Q4 2023 adjusted EPS of $0.40, surpassing the $0.36 estimate, with sales of $501.20M exceeding the $495.89M forecast. This represents a 1.31% increase in sales compared to the same period last year.
February 21, 2024 | 9:41 pm
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Outfront Media reported a Q4 2023 adjusted EPS of $0.40, beating estimates, and sales of $501.20M, also above forecasts. Year-over-year sales increased by 1.31%.
Outfront Media's earnings and sales beat are significant indicators of the company's strong performance, likely leading to positive investor sentiment and a potential short-term increase in stock price. The year-over-year sales growth further underscores the company's positive trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100