Outfront Media: Q1 Earnings Insights - Outfront Media (NYSE:OUT)

Outfront Media OUT reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:07 PM.

Here's what investors need to know about the announcement.

Outfront Media missed estimated earnings by 58.33%, reporting an EPS of $-0.19 versus an estimate of $-0.12.

Revenue was up $22.30 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 4.47% drop in the share price the next day.

Here's a look at Outfront Media's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.37	0.25	0.24	-0.08
EPS Actual	0.34	0.23	0.28	-0.04
Revenue Estimate	495.37M	453.00M	445.77M	366.12M
Revenue Actual	494.70M	453.70M	450.20M	373.50M

To track all earnings releases for Outfront Media visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.