Outfront Media (OUT) Q2 EPS Drops 90%
Outfront Media (NYSE:OUT), a leading outdoor advertising real estate investment trust (REIT) specializing in billboards and transit displays, reported its Q2 2025 results on August 5, 2025. The main headline from the Q2 2025 earnings release was a modest revenue miss (GAAP revenue of $460.2 million) and significant declines in net income and earnings per share (GAAP net income attributable to Outfront of $19.5 million and GAAP diluted EPS of $0.10), mostly tied to a one-time asset sale gain in the prior year. The company posted GAAP revenue of $460.2 million, slightly below analyst expectations of $461.01 million (GAAP). Earnings per share (GAAP) came in at $0.10, notably lower than the $0.22 GAAP estimate and down substantially from $1.04 in Q2 2024. While some measures of profitability, such as Adjusted Funds From Operations (non-GAAP), held steady, the quarter reflected limited organic growth and a challenging comparison with the previous year’s results, primarily due to the absence of extraordinary gains.
Source: Analyst estimates for the quarter provided by FactSet.
Outfront Media (NYSE:OUT) operates one of the largest portfolios of billboard and transit advertising assets across the United States. Its two major revenue components are static and digital billboards, as well as transit displays in metropolitan areas. Digital displays allow the company to rotate multiple advertisers in prime locations, generating higher revenue per unit compared to traditional, static billboards.
Source Fool.com
