OUTFRONT Media Reports Q3 2026 Revenue Growth Driven by FIFA World Cup and Digital Expansion
OUTFRONT Media (OUT) reported strong third-quarter 2026 results, with revenue rising 9.3% year-over-year to $511.1 million. The growth was fueled by high demand for premium media assets and significant contributions from the FIFA World Cup, which generated $15 million in the quarter. Digital revenue saw a notable 14% increase, now accounting for 37% of total company revenues. While Adjusted OIBDA grew 5.9% to $145.3 million, higher selling, general, and administrative expenses—driven by professional fees and technology investments—partially offset top-line gains. Despite these costs, the company maintains a healthy net leverage of 3.9x, below its target range. Management issued optimistic full-year guidance, projecting double-digit revenue growth and a 25% increase in AFFO compared to 2025.
Tickers: $OUT
Topics: digital revenue FIFA World Cup impact revenue growth segment performance