What move does the options market price into OUTFRONT Media's report?

Implied ±9.3%, either direction.

How often does OUTFRONT Media move more than the options market prices?

1 of the last 8 reports moved at least as far as the implied move.

OUTNYSEReal Estate Investment Trusts

OUTFRONT Media Inc. (OUT) earnings date, market-implied expected move, and options open interest by expiry

32.38

pre 32.38 +0.71%

Pre-market16:00 ETdelayed

Open32.10Volume1.5MMkt cap$5.7BP/E23.29EPS1.39Div yield3.80%

Day32.10 – 32.38100%52-wk16.50 – 34.2490%

OUT

OUTFRONT Media Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.3%implied · report alone

8Q avg ±4.3%·×2.15·rich

29.3535.37

straddle ±9.3%

spot 32.36exp Nov 20ATM strike 32ATM straddle 3.55IV 64%

Nov 3 closereport share · term structurethin chain

Expected move

Inputs

Next report

Nov 5

after close · in 1 day

confirmedQ3 FY26

Calendar

Next report

Last report

−2.69%

vs ±9.4% implied · ×0.29

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

Largest filed tie

13F top-10 QoQ

−4.53%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

371 managers

Top fund weight

0.26%

OUT weight · VNQ

N-PORTJul 31 '26

5 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

OUTFRONT Media (OUT) reports on Nov 5 after close (confirmed date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±7.3%
avg realized: ±4.3%

Nov 12 '24Nov 12 '24confirmed±2.8%▲+1.55%×0.55

Feb 25 '25Feb 25 '25confirmed±7.4%▲+0.60%×0.08

May 8 '25May 8 '25confirmed±7.2%▼−2.53%×0.35

Aug 5 '25Aug 5 '25confirmed±5.7%▼−3.39%×0.59

Q3 FY25Nov 6 '25confirmed±10.9%▲+14.42%×1.32

Q1 FY26Feb 25 '26confirmed±7.7%▲+6.18%×0.80

May 7 '26May 7 '26confirmed±7.1%▲+3.32%×0.46

Q2 FY26Aug 5 '26confirmed±9.4%▼−2.69%×0.29

quarterimplied−15%0+15%realized×

Q2 FY26±9.4%▼−2.69%×0.29

May '26±7.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 16 close

0.03OI · 3 expiries · Oct 16 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

30%Nov 2016d104+9%

2310%Dec 1844d0.534330%0.53

112+10%Mar 19135d1.81620%1.81

ExpiryPutsCallsP/C

Nov 2016d30%104+9%0.03

Dec 1844d2310%4330%0.53

Mar 19135d112+10%620%1.81

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±9.3%

Funds 4

VNQ±0.0%

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

14.91%as filednet margin · revenue +21.58% QoQ · +13.23% YoY

Revenue$521M+21.58%

Pre-tax income$79M+294.47%

Net income$78M14.91%+302.59%

Tax$900,000+125.00%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.04· ±1.6% vs ±1.5% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.6%13 of 24×1.04

CPROFcorporate profits±1.5%3 of 12×0.97

GDPgross domestic product±1.5%5 of 19×0.96

NFPjobs report±1.3%5 of 10×0.87

PCEpersonal income & outlays±1.1%7 of 19×0.73

CPIconsumer prices±0.8%2 of 10×0.51

PPIproducer prices±0.7%4 of 10×0.47

Bar = avg |move| to ±2% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS 0.44 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	0.44	—
Q1 FY26	Feb 25 '26 · confirmed	0.11	—
Q3 FY25	Nov 6 '25 · confirmed	0.29	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod