OUTFRONT Media Files 8-K on Operations and Financial Condition
Ticker: OUT · Form: 8-K · Filed: Feb 21, 2024 · CIK: 1579877
Sentiment: neutral
Topics: financial-condition, operations, 8-K, REIT
TL;DR
**OUTFRONT Media just dropped an 8-K on its operations and financials, so keep an eye out for more details!**
AI Summary
OUTFRONT Media Inc. filed an 8-K on February 21, 2024, reporting on 'Results of Operations and Financial Condition' and 'Other Events'. The filing indicates that the company, a Real Estate Investment Trust (REIT) based in New York, is providing current information as required by the Securities Exchange Act of 1934. This 8-K serves to update stakeholders on recent operational and financial developments, though specific dollar amounts or detailed results are not provided within the summary text of the filing itself.
Why It Matters
This filing signals that OUTFRONT Media is updating the market on its recent performance, which could impact investor sentiment and stock valuation.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of an 8-K, indicating an update on operations and financial condition, which is standard for public companies.
Key Players & Entities
- OUTFRONT Media Inc. (company) — Registrant filing the 8-K
- Maryland (company) — State of incorporation for OUTFRONT Media Inc.
- New York (company) — City of principal executive offices for OUTFRONT Media Inc.
- February 21, 2024 (date) — Date of earliest event reported and filing date
- 001-36367 (other) — Commission File Number
FAQ
What is the purpose of OUTFRONT Media Inc.'s 8-K filing on February 21, 2024?
The 8-K filing by OUTFRONT Media Inc. on February 21, 2024, is to report on 'Results of Operations and Financial Condition' and 'Other Events' as required by the Securities Exchange Act of 1934.
What is the state of incorporation for OUTFRONT Media Inc.?
OUTFRONT Media Inc. is incorporated in Maryland.
What is the business address of OUTFRONT Media Inc.?
The business address of OUTFRONT Media Inc. is 90 Park Avenue, 9th Floor, New York, New York 10016.
What is the telephone number for OUTFRONT Media Inc.?
The telephone number for OUTFRONT Media Inc. is (212) 297-6400.
What was the former name of OUTFRONT Media Inc.?
The former name of OUTFRONT Media Inc. was CBS OUTDOOR AMERICAS INC., with a name change date of 20130621.
Filing Stats: 659 words · 3 min read · ~2 pages · Grade level 9.6 · Accepted 2024-02-21 16:09:42
Key Financial Figures
- $0 — nge on which registered Common Stock, $0.01, par value OUT New York Stock Excha
- $0.30 — s declared a quarterly cash dividend of $0.30 per share on the Company's common stock
- $0.01 — n the Company's common stock, par value $0.01 per share. The dividend is payable on M
Filing Documents
- out-20240221.htm (8-K) — 39KB
- ex991123123earningsrelease.htm (EX-99.1) — 505KB
- ex992dividendprq423.htm (EX-99.2) — 6KB
- image0a03.gif (GRAPHIC) — 7KB
- out18cropa08a.jpg (GRAPHIC) — 23KB
- 0001579877-24-000003.txt ( ) — 746KB
- out-20240221.xsd (EX-101.SCH) — 2KB
- out-20240221_lab.xml (EX-101.LAB) — 24KB
- out-20240221_pre.xml (EX-101.PRE) — 12KB
- out-20240221_htm.xml (XML) — 3KB
02
Item 2.02 Results of Operations and Financial Condition. On February 21, 2024, OUTFRONT Media Inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1, and is incorporated herein by reference. The information contained in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished pursuant to this Item 2.02. This information shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01
Item 8.01 Other Events. On February 21, 2024, the Company announced that its board of directors has declared a quarterly cash dividend of $0.30 per share on the Company's common stock, par value $0.01 per share. The dividend is payable on March 28, 2024, to stockholders of record at the close of business on March 1, 2024. A copy of the press release announcing the quarterly cash dividend is attached hereto as Exhibit 99.2, and is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed or furnished, as applicable, herewith: Exhibit Number Description 99.1 Press Release dated February 21, 2024. 99.2 Press Release dated February 21, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). EXHIBIT INDEX Exhibit Number Description 99.1 Press Release dated February 21, 2024 . 99.2 Press Release dated February 21, 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OUTFRONT MEDIA INC. By: /s/ Matthew Siegel Name: Matthew Siegel Title: Executive Vice President and Chief Financial Officer Date: February 21, 2024