Interpublic Group (IPG) reported $2.59 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.4%. EPS of $1.18 for the same period compares to $1.02 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.57 billion, representing a surprise of +0.61%. The company delivered an EPS surprise of +1.72%, with the consensus EPS estimate being $1.16.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

New York, NY, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on March 15, 2024, to holders of record at the close of business on March 1, 2024. The increase in the dividend from $0.31 to $0.33 per share represents a six percent increase to the Company's quarterly dividend. Additionally, the company's Board of Directors authorized a new program to repurchase, ...

Core Insights - Interpublic Group (IPG) has appointed Susan Credle as its first-ever Creative Advisor, while she continues her role as Chair of FCB through 2024 [1][2] - The new role aims to enhance the culture of creativity across IPG's agencies and integrate creative perspectives into emerging offerings like commerce and marketing technology [1][2] - Susan Credle has a strong track record, having led FCB to significant industry recognition, including being named Cannes Lions Global Network of the Year for five consecutive years [3] Company Overview - IPG is a values-based, data-fueled, and creatively-driven provider of marketing solutions, with total revenue of $10.93 billion in 2022 [6] - FCB, part of IPG, is recognized for its creativity and success, having been named Cannes Lions 2022 2 Global Network and has a presence in 80 countries with over 8,000 employees [6] Leadership and Impact - Philippe Krakowsky, CEO of IPG, emphasized the importance of Susan's leadership in extending creative impact across the company and enhancing brand growth [3] - Susan Credle is known for her significant contributions to major brands, including campaigns for M&M's and Allstate, and has been instrumental in driving business growth for clients like Michelob ULTRA [4] Industry Recognition - Susan Credle has received numerous accolades, including being the first woman to chair The One Club for Creativity and serving on various industry committees advocating for diversity and inclusion [4][5]

The Interpublic Group of Companies, Inc. (IPG) is scheduled to release its fourth-quarter 2023 results on Feb 8, before market open.Interpublic has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and matching on one instance. The average surprise is 13.2%.Q4 ExpectationsThe Zacks Consensus Estimate for the top line is currently pegged at $2.57 billion, slightly above the year-ago actual figure. Growth in Healthcare Media Offerings ...

The Primis player will continue to be featured across Gamer Network's thirteen sites including Eurogamer.net, RockPaperShotgun.com, and Dicebreaker.com, which are internationally respected for gaming news, reviews, and long-form journalism. Primis has substantially scaled video consumption and added ad inventory since the two companies partnered in March 2023.  "We are excited to continue working with the Primis team. This exclusivity deal solidifies our partnership after half a year of promising increases ...

New York, NY, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today that Danny Robinson has been named CEO of The Martin Agency. He'll be taking on the leadership responsibilities from Kristen Cavallo, who has led The Martin Agency for the past six years and was named Global CEO of sister agency MullenLowe Group fourteen months ago. An industry veteran, Robinson has been with The Martin Agency for nearly two decades, serving most recently as its Chief Creative Officer. During his ti ...

Company Overview - Interpublic Group (IPG) announced the appointment of Lisa De Bonis as the new CEO of Huge, succeeding Mat Baxter who led the company since 2021 [1] - Huge is a creative consultancy that focuses on technology and creativity, helping brands solve complex problems through innovation [1][2] - The company has launched results-based work for major brands including M&M'S, McDonald's, and Google over the past year [2] Leadership Transition - Lisa De Bonis was previously the Chief Product Officer at Huge, where she played a key role in the company's transformation and development of AI-powered products [1] - Mat Baxter's departure is due to personal reasons, as he relocates back to Australia [1] - Philippe Krakowsky, CEO of IPG, emphasized De Bonis's digital-first thinking and global experience in digital marketing as essential for continuing Huge's transformation [1] Financial Performance - Interpublic Group reported total revenue of $10.93 billion in 2022, indicating a strong financial position within the marketing solutions industry [2]

NEW YORK--(BUSINESS WIRE)--IPG Mediabrands, the media holding company within Interpublic Group (NYSE: IPG) announced today it’s been awarded a Global ISO 27001:2013 certification for its quality information security management system (ISMS). The ISO/IEC 27001 is widely recognized as the international standard for information security through the building and maintenance of an information security management system. Requirements include optimal security controls that systematically examine for security ri ...

New York, NY, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Momentum Worldwide, a global sponsorship and experience marketing agency that is part of Interpublic Group (NYSE:IPG), has led strategic negotiations and secured an exclusive partnership on behalf of Chevrolet and Major League Soccer (MLS) in Canada. The agreement marks a significant milestone in the league's history, as this is the first time a single brand has secured an exclusive auto-category partnership across the entire Canadian MLS footprint. As part of ...

The Interpublic Group of Companies, Inc.'s (IPG) edge lies in digital prowess, workforce diversity and global reach. Strategic acquisitions expand its portfolio, aligning with the evolving marketing trends. Strong cash position covers current debt. Steady dividends and share buybacks enhance investor confidence, thus positively influencing earnings per share.Factors in FavorInterpublic gains a competitive advantage through its diverse workforce, attracting strategic, creative and digital talent globally for ...