## Outfront Media (OUT) Earnings Preview: What to Expect on November 12th
Investors are eagerly awaiting Outfront Media’s (OUT) upcoming quarterly earnings report, scheduled for release on Tuesday, November 12th. Analysts are predicting an earnings per share (EPS) of $0.18, but the real focus will be on the company’s guidance for the next quarter. While strong earnings are always welcome, investors understand that future projections often drive market reactions, particularly in the realm of real estate investment trusts (REITs) like Outfront Media.
Outfront Media’s Recent Performance: A Look Back
In the last quarter, Outfront Media missed EPS estimates by $0.04, leading to a surprising 6.32% increase in share price the following day. This trend of strong post-earnings rallies reflects investor confidence in the company’s potential. Let’s take a closer look at Outfront Media’s past performance and the subsequent market reaction:
| Quarter | EPS Estimate | EPS Actual | Price Change % |
|—|—|—|—|
| Q2 2024 | $0.22 | $0.18 | 6.0% |
| Q1 2024 | -$0.12 | -$0.18 | -6.0% |
| Q4 2023 | $0.36 | $0.40 | 19.0% |
| Q3 2023 | $0.13 | $0.09 | 11.0% |
Long-Term Outlook for Outfront Media
As of November 8th, shares of Outfront Media were trading at $17.67, reflecting a 45.07% increase over the past year. This positive trend should provide comfort to long-term shareholders as they anticipate the upcoming earnings release.
Analyst Sentiment: Outperforming the Competition
Understanding market sentiment and industry expectations is crucial for informed investment decisions. The consensus rating for Outfront Media is ‘Outperform’, based on 2 analyst ratings, with an average one-year price target of $20.00. This indicates a potential upside of 13.19%.
To gain further insight, let’s compare Outfront Media with its peers: Four Corners Prop, EPR Props, and Safehold. These companies are major players in the industry, and their relative performance expectations can provide valuable context.
| Company | Consensus Rating | Average 1-Year Price Target | Potential Upside |
|—|—|—|—|
| Outfront Media | Outperform | $20.00 | 13.19% |
| Four Corners Prop | Outperform | $29.67 | 67.91% |
| EPR Props | Underperform | $48.60 | 175.04% |
| Safehold | Outperform | $32.17 | 82.06% |
Key Performance Metrics: A Comparative Analysis
| Company | Consensus | Revenue Growth | Gross Profit | Return on Equity |
|—|—|—|—|—|
| Outfront Media | Outperform | 1.81% | $237.50M | 29.37% |
| Four Corners Prop | Outperform | 3.01% | $57.15M | 1.96% |
| EPR Props | Underperform | -6.79% | $148.48M | 1.68% |
| Safehold | Outperform | 6.01% | $89.66M | 0.84% |
Key Takeaways from the Peer Analysis
Outfront Media stands out with its leading revenue growth among its peers and a strong Gross Profit margin. However, it has the lowest Return on Equity, which could be a cause for concern for investors focused on shareholder returns.
About Outfront Media: A Leader in Outdoor Advertising
Outfront Media Inc is a real estate investment trust (REIT) specializing in the ownership of outdoor advertising space. The company’s portfolio includes billboards, street furniture, and transit displays. Outfront Media generates revenue through rental income from advertisers who lease space for short-term campaigns. The company operates in the United States and internationally, with the majority of its revenue stemming from billboard advertising agreements in the U.S. The New York City and Los Angeles markets are particularly significant for Outfront Media’s revenue generation.
Outfront Media’s key customers include major players across the retail, television, healthcare, and entertainment industries.
Unraveling the Financial Story of Outfront Media
*
Market Capitalization:
Outfront Media’s market capitalization is smaller than industry averages, possibly reflecting factors such as growth expectations or operational capacity.*
Revenue Growth:
Outfront Media has experienced positive revenue growth over the past three months, reaching 1.81% as of June 30, 2024. This indicates a notable increase in the company’s top-line earnings. However, compared to its peers, Outfront Media’s revenue growth lags behind the average in the Real Estate sector.*
Net Margin:
Outfront Media’s impressive net margin of 36.58% surpasses industry averages, demonstrating strong profitability and efficient cost management.*
Return on Equity (ROE):
Outfront Media’s ROE of 29.37% surpasses industry standards, reflecting exceptional financial performance and the effective utilization of shareholder equity capital.*
Return on Assets (ROA):
Outfront Media’s ROA surpasses industry standards, indicating effective asset utilization for optimal returns. The company’s ROA stands at 3.24%.*
Debt Management:
Outfront Media’s debt-to-equity ratio of 6.13 is notably higher than the industry average, raising concerns about financial leverage and the company’s reliance on borrowed funds.Stay Informed: Track Outfront Media’s Earnings
To stay updated on all earnings releases for Outfront Media, visit the earnings calendar on our website. This will provide you with timely information and ensure you’re in the loop about any significant developments.
