Companies /Real Estate
Outfront Media Inc
NYSE: OUT Reit - Specialty
$29.92
▲ $0.34 (+1.15%) today
Markets open · 9:56am ET

Outfront Media (OUT) Q2 2026 Earnings

Reported Aug 5, 2026, 4:18pm ET · SEC source
$0.44
Beat +19.34%
EPS · est. $0.37 GAAP

Includes a $1.4 million loss on extinguishment of debt in Q2 2026; prior-year Q2 2025 included $19.8 million in restructuring charges

$522.5M
Beat +2.53%
Revenue · est. $509.6M
−7.2%
Trailing market
OUT vs S&P since report
4 quarters
Consecutive EPS beats

How Did OUT Stock React to Q2 2026 Earnings?

% change · around the report
−3%0+3%Aug 5Aug 6report 4:18pm ETearnings−0.2%−3.1%
−3%0+3%Aug 5Aug 6earnings−0.2%−3.1%
OUT −3.1%S&P 500 −0.2%
−3%0+3%Aug 5Aug 6report 4:18pm ETearnings+0.1%−3.1%
−3%0+3%Aug 5Aug 6earnings+0.1%−3.1%
OUT −3.1%NASDAQ +0.1%
−8%−4%0+4%Aug 4Aug 13report 4:18pm ETearnings+0.9%−7.2%
−8%−4%0+4%Aug 4Aug 13earnings+0.9%−7.2%
OUT −7.2%S&P 500 +0.9%
−8%−4%0+4%Aug 4Aug 13report 4:18pm ETearnings+2.2%−7.2%
−8%−4%0+4%Aug 4Aug 13earnings+2.2%−7.2%
OUT −7.2%NASDAQ +2.2%
−2.69%
Day of report
+0.19%
Next session
−4.43%
One week
−7.51%
30 days

S&P 500 over the same 30 days: −0.34%.

Did OUT Beat Earnings? Q2 2026 Results

Yes. Outfront Media reported Q2 2026 earnings of $0.44 a share on Aug 5, 2026, beating the $0.37 consensus estimate by 19.3%. Revenue was $522.5M against a $509.6M estimate.

OUTFRONT Media delivered a standout second quarter for 2026, with revenue climbing 13.5% year-over-year to $522.50 million, clearing the $509.61 million consensus estimate by 2.53%, while GAAP earnings per share of $0.44 beat the $0.37 analyst forecast by 19.34%. The GAAP figure includes a $1.40 million loss on extinguishment of debt recorded in the quarter, while the year-ago period carried $19.80 million in restructuring charges that did not recur. The single biggest driver of the outperformance was an explosive quarter in the Transit segment, where revenue surged 32.3% to $140.60 million and Adjusted OIBDA margins expanded from 6.8% to 23.6%, fueled by higher advertising yield and a meaningful lift from FIFA World Cup-related spending. The core Billboard segment also contributed, growing revenue 8.0% to $379.40 million on stronger programmatic and digital billboard demand. Consolidated Adjusted OIBDA rose 29.2% to $160.30 million, reflecting significant operating leverage, and the board rewarded shareholders with a 10% dividend increase to $0.33 per share quarterly. Institutional investors have been taking notice, with some fund managers recently adding to their positions ahead of the print.

Key Takeaways
  • Strong organic gains across all business segments
  • 2026 FIFA World Cup advertising revenue
  • Increase in average revenue per display (yield) across Billboard and Transit
  • Impact of programmatic and direct sale advertising platforms on digital billboard revenues
  • Absence of restructuring charges that were present in the prior-year quarter ($19.8 million in Q2 2025)
  • Transit segment Adjusted OIBDA margin improvement from 6.8% to 23.6%

“We just completed a great second quarter which far exceeded our expectations across the board, with revenue, OIBDA, and AFFO all growing nicely”

Outfront Media CEO, on the earnings call

OUT YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$200.0M$400.0M$460.2M$522.5MRevenue$56.2M$116.1MOperating Income$19.5M$77.5MNet Income
$0$200.0M$400.0MRevenueOperating IncomeNet Income
OUT income statement, Q2 2026 versus Q2 2025
Metric Q2 2026 Q2 2025 Year over year
Revenue $522.5M $460.2M +13.5%
Operating Income $116.1M $56.2M +106.6%
Net Income $77.5M $19.5M +297.4%

OUT Revenue by Segment

Billboard$379.4M+8.0%
Transit$140.6M+32.3%
Other$2.5M−3.8%

When Does Outfront Media Report Next?

Expected report date

Figures from SEC filings and company reports. Not investment advice.