Outfront Media reports Q2 non-GAAP EPS ($2.92), consensus 24c

Reports Q2 revenue $468.8M, consensus $472.7M. “Second quarter revenues grew 4%, driven by higher billboard yields and growth from both our local and national businesses,” said CEO Jeremy Male. “Though we expect modest growth in the third quarter, we are seeing some impact from the ongoing strikes within the media industry in the second half, particularly in our transit business. Despite this current headwind, we remain excited by the long-term opportunity for of our business and the out of home industry.”