Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- OUTFRONT Media reported Q1 2024 AFFO per share at 14 cents. - Revenues slightly missed estimates but increased 3.2% year-over-year. - Operating income rose to $14 million in the first quarter. - Net interest expense increased 9.8% due to higher interest rates. - OUTFRONT Media announced a quarterly cash dividend of 30 cents per share. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- OUTFRONT Media reported Q1 2024 AFFO per share at 14 cents.
- Revenues slightly missed estimates but increased 3.2% year-over-year.
- Operating income rose to $14 million in the first quarter.
- Net interest expense increased 9.8% due to higher interest rates.
- OUTFRONT Media announced a quarterly cash dividend of 30 cents per share.
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