OUT
Outfront Media Inc.
Price as of Jul 20, 2026
OUT earnings
Outfront Media Inc. earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.28 | $0.34 | +21.4% | $430M | -0.4% |
| Feb 25, 2026 | $0.71 | $0.73 | +2.8% | $513M | +22.2% |
| Nov 6, 2025 | $0.50 | $0.57 | +14.0% | $468M | -8.6% |
| May 8, 2025 | $0.15 | $0.14 | -6.7% | $391M | -15.8% |
| Feb 25, 2025 | $0.63 | $0.69 | +9.5% | $493M | +0.6% |
| May 2, 2024 | $0.14 | $0.14 | +0.0% | $409M | -0.7% |
| Feb 21, 2024 | $0.66 | $0.64 | -3.0% | $501M | +1.1% |
| Nov 2, 2023 | $0.43 | $0.47 | +9.3% | $455M | -1.3% |
| Aug 3, 2023 | $0.52 | $0.48 | -7.7% | $469M | -0.8% |
| May 3, 2023 | $0.16 | $0.05 | -68.8% | $396M | +3.1% |
| Feb 22, 2023 | $0.71 | $0.57 | -19.7% | $495M | -0.1% |
| Nov 3, 2022 | $0.56 | $0.54 | -3.6% | $454M | +0.2% |
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
We are pleased to report first quarter results better than anticipated, driven by strong demand and execution. Billboard revenues up 7.1% with certain items impacting, transit grew 22% led by NY MTA. Digital revenue grew over 11%, programmatic and digital direct automated sales increased nearly 40%. Investments in technology, workflow, and CapEx planned. New brand platform launched as 'Outfront is the leader in IRL media'.
Guidance
Q2 revenue growth expected to accelerate to over 10% year-on-year, driven by ~30% growth in transit and mid-single-digit growth in billboard, including World Cup benefit and LA contract exit headwind. 2026 consolidated AFFO expected to grow in the mid-teens relative to 2025 AFFO.
Segment performance
Consolidated revenues were up 10% driven by 22% growth in transit and 7% growth in billboard. Consolidated OIBDA was up 56% to about $100 million and AFFO more than doubled to $61 million. Billboard revenues were up 7.1%, with transit growing 22% led by the New York MTA which was up over 26% in Q1. Billboard yield growth was up 11% year-over-year to over $2.9 thousand per month. In total, billboard expenses were up about $5 million, or approximately 2% year-over-year. Transit expenses were up $4.5 million, or just under 5% year-over-year.
Risks & headwinds
Factors causing actual results to differ from forward-looking statements listed in earnings materials and SEC filings. Impact of industry measurement modernization. Uncertainties related to peers going private and asset sales impact.
Analyst Q&A
Q: Industry outlook on measurement modernization and Outfront's partnerships.
A: Matthew Siegel discussed industry lag on measurement, partnerships like AdQuick help.
Q: Peer being taken private and World Cup impact.
A: Matthew Siegel on peers, World Cup impact sizing not shared yet.
Q: Transit growth upside and FIFA benefit.
A: Matthew and Nick on transit growth drivers, FIFA benefit in billboard and transit.
Q: MTA revenue share and San Francisco post-events.
A: Matthew on MTA revenue share, Nick on San Francisco tech company impact.
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-08-05.