Companies /Real Estate

Outfront Media Inc

NYSE: OUT Reit - Specialty
$29.61
▼ $0.46 (−1.53%) today
Markets closed · 5:17pm ET

Q4 2025 Earnings

Reported Feb 25, 2026, 4:13pm ET · SEC source
$0.55
Beat +19.57%
EPS · est. $0.46
$513.3M
Beat +0.33%
Revenue · est. $511.6M
−1.7%
Trailing market
OUT vs S&P since report
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−3%0+3%+6%Feb 25Feb 26report 4:13pm ETearnings−1.0%+5.0%
−3%0+3%+6%Feb 25Feb 26earnings−1.0%+5.0%
OUT +5.0%S&P 500 −1.0%
−3%0+3%+6%Feb 25Feb 26report 4:13pm ETearnings−1.6%+5.0%
−3%0+3%+6%Feb 25Feb 26earnings−1.6%+5.0%
OUT +5.0%NASDAQ −1.6%
−4%0+4%+8%Feb 24Mar 5report 4:13pm ETearnings−2.1%+10.2%
−4%0+4%+8%Feb 24Mar 5earnings−2.1%+10.2%
OUT +10.2%S&P 500 −2.1%
−5%0+5%+10%Feb 24Mar 5report 4:13pm ETearnings−1.7%+10.2%
−5%0+5%+10%Feb 24Mar 5earnings−1.7%+10.2%
OUT +10.2%NASDAQ −1.7%
+6.18%
Day of report
+1.02%
Next session
+2.38%
One week
−9.99%
30 days

S&P 500 over the same 30 days: −8.32%.

Did OUT Beat Earnings? Q4 2025 Results

Outfront Media closed fiscal 2025 on a strong note, posting fourth-quarter earnings per share of $0.55 against a consensus estimate of $0.46, a beat of 19.57%, while revenue of $513.30 million edged past the $511.61 million estimate and grew 4.1% year over year. The standout driver behind the quarter's performance was a surging Transit segment, where revenues climbed 15.7% to $134.80 million on higher yields per display, pushing Transit Adjusted OIBDA margins from 18.9% to 25.5%. That momentum lifted consolidated Adjusted OIBDA 12.0% to $173.80 million, expanding overall margins to 33.9% from 31.5%. Shares have reflected investor enthusiasm, gaining roughly 25% over the past three months as the company's digital billboard expansion and programmatic growth drew attention. CEO Nick Brien pointed to accelerating revenue growth throughout 2025 and full-year AFFO that exceeded management's own guidance as reasons for confidence heading into 2026, signaling the company expects its operational momentum to carry forward.

Key Takeaways
  • Higher average revenue per display (yield) in both Billboard and Transit segments
  • Impact of programmatic and direct-sale advertising platforms on digital billboard revenues
  • Transit segment revenue growth of 15.7% driven by higher yield
  • Lower variable billboard property lease expenses due to lost billboards
  • Adjusted OIBDA margin expansion to 33.9% from 31.5% year over year

“We finished the year with significant momentum, with revenue growth accelerating throughout 2025.”

Outfront Media CEO, on the earnings call

Forward Guidance & Outlook

CEO Nick Brien expressed confidence in carrying momentum into 2026, noting revenue growth accelerated throughout 2025 and full-year AFFO growth exceeded guidance.

OUT YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$200.0M$400.0M$493.2M$513.3MRevenue$111.1M$133.5MOperating Income$74.0M$96.8MNet Income
$0$200.0M$400.0MRevenueOperating IncomeNet Income

OUT Revenue by Segment

Billboard$376.6M+0.5%
Transit$134.8M+15.7%
Other$1.9M−9.5%

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