The Interpublic Group of Companies, Inc. (IPG) has reported third-quarter 2024 results, with earnings meeting the Zacks Consensus Estimate but revenues missing the same.See Zacks Earnings Calendar to stay ahead of market-making news.IPG’s adjusted earnings (excluding 65 cents from non-recurring items) of 70 cents per share met the Zacks Consensus Estimate and was flat with the year-ago quarter. Revenues before billable expenses (net revenues) of $2.2 billion missed the consensus estimate by 2.3% and decline ...

The Interpublic Group of Companies, Inc. (NYSE:IPG) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Jerry Leshne - SVP, IR Philippe Krakowsky - CEO Ellen Johnson - CFO Conference Call Participants Adrien de Saint Hilaire - Bank of America David Karnovsky - J.P. Morgan Chase Tim Nollen - Macquarie Research Steven Cahall - Wells Fargo Michael Nathanson - MoffettNathanson Craig Huber - Huber Research Operator Good morning and welcome to the Interpublic Group Third Quarter 2024 ...

For the quarter ended September 2024, Interpublic Group (IPG) reported revenue of $2.24 billion, down 2.9% over the same period last year. EPS came in at $0.70, compared to $0.70 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.3 billion, representing a surprise of -2.34%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.70.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Interpublic Group (IPG) came out with quarterly earnings of $0.70 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this marketing and advertising company would post earnings of $0.61 per share when it actually produced earnings of $0.61, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Interpublic, ...

THIRD QUARTER 2024 EARNINGS CONFERENCE CALL Interpublic Group October 22, 2024 Overview — Third Quarter 2024 • Total revenue including billable expenses was $2.6 billion ◦ Organic change of revenue before billable expenses ("net revenue") was flat ◦ US and International organic net revenue were unchanged • R/GA and Huge classified as held-for-sale • Net income as reported was $20.1 million, which included non-cash goodwill impairment charge of $232.1 million related to Digital Specialist agencies • Adjusted ...

Core Viewpoint - Interpublic Group of Companies, Inc. (IPG) is expected to report its third-quarter 2024 results on October 22, with a consensus estimate for revenues at $2.3 billion, indicating a slight decline from the previous year [1][2]. Revenue Expectations - The revenue from Specialized Communications Experiential Solutions (SC&E) is estimated at $616.5 million, reflecting a 4.1% decrease year-over-year due to cost-cutting by a major client [2]. - Media, Data & Engagement Solutions (MD&E) revenues are projected at $1.1 billion, also indicating a slight decline, attributed to decreased performance in digital specialist agencies and MRM revenues [2]. - Integrated Advertising & Creativity Led Solutions (IA&C) revenues are expected to rise by 1.3% to $978.8 million, driven by growth in IPG Health at Deutsch LA [3]. EBITA Projections - EBITA for MD&E, SC&E, and IA&C segments is anticipated to grow by 7%, 70.3%, and 21.4% year-over-year, reaching $222.5 million, $70.3 million, and $158.3 million, respectively [3]. - The Corporate and Other segment is expected to see a decline in EBITA of more than 100%, resulting in a negative $37.9 million [3]. Earnings Per Share - The consensus estimate for earnings per share is set at 70 cents, indicating no change from the previous year's quarter [3]. Earnings Prediction Model - The current model does not predict an earnings beat for IPG, with an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [4].

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Wall Street analysts forecast that Interpublic Group (IPG) will report quarterly earnings of $0.70 per share in its upcoming release, pointing to no change from the year-ago quarter. It is anticipated that revenues will amount to $2.3 billion, exhibiting a decline of 0.5% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. ...

Group 1 - Interpublic Group (NYSE: IPG) will release its earnings for the third quarter ended September 30, 2024, on October 22, 2024 [1] - A conference call for investors will take place at 8:30 a.m. Eastern Time on the same day to review the results [1] - The conference call can be accessed by calling specific numbers for both domestic and international participants, with a passcode provided [1] Group 2 - Interpublic is a values-based, data-fueled, and creatively-driven provider of marketing solutions [2] - The company is part of the S&P 500 and reported total revenue of $10.89 billion in 2023 [2]

The Interpublic Group of Companies, Inc.’s (IPG) diverse workforce fuels organic growth. It conducts multiple acquisitions and investments across years to expand its product portfolio and deal with a dynamic market. IPG has a strong liquidity position. However, seasonality affects the company’s revenue generation.The IPG stock has gained 9.6% in the past three months. It has underperformed the 10.3% rise of the industry but outperformed the 2.7% growth of the Zacks S&P 500 composite.Factors That Auger Well ...