Outfront Media (OUT) Q3 FFO Top Estimates
Portfolio Pulse from
Outfront Media (OUT) reported Q3 funds from operations (FFO) of $0.48 per share, surpassing the Zacks Consensus Estimate of $0.43 per share and improving from $0.46 per share a year ago.
November 12, 2024 | 2:30 pm
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POSITIVE IMPACT
Outfront Media's Q3 FFO of $0.48 per share exceeded expectations and last year's performance, indicating strong operational performance.
The company's FFO exceeded both the consensus estimate and the previous year's figure, suggesting positive operational momentum. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100