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Interpublic (IPG) International Revenue Performance Explored
ZACKS· 2024-10-28 14:15
Have you evaluated the performance of Interpublic Group's (IPG) international operations for the quarter ending September 2024? Given the extensive global presence of this marketing and advertising company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth jou ...
Pre-Q3 Earnings: How Should Investors Play the IPG Photonics Stock?
ZACKS· 2024-10-25 17:36
IPG Photonics (IPGP) is scheduled to release third-quarter 2024 results on Oct. 29.IPGP expects third-quarter 2024 non-GAAP earnings between break-even and 30 cents per share. Revenues are anticipated between $210 million and $240 million.The Zacks Consensus Estimate for third-quarter earnings is pegged at 19 cents per share, unchanged over the past 30 days, indicating an 83.62% year-over-year decline. The consensus estimate has been unchanged over the past 30 days.The Zacks Consensus Estimate for revenues ...
IPG(IPG) - 2024 Q3 - Quarterly Results
2024-10-24 20:22
Exhibit 99.1 FOR IMMEDIATE RELEASE New York, NY (October 22, 2024) Interpublic Announces Third Quarter and First Nine Months 2024 Results • Total revenue including billable expenses was $2.63 billion • Revenue before billable expenses ("net revenue") was $2.24 billion, with organic revenue unchanged from the third quarter of 2023 • Non-cash goodwill impairment expense of $232.1 million, related to digital specialist agencies and the sale process for R/GA and Huge • Reported net income was $20.1 million • Ad ...
IPG(IPG) - 2024 Q3 - Quarterly Report
2024-10-23 20:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-6686 THEINTERPUBLIC GROUP OF COMPANIES, INC. (Exact name of registrant as specified in its charter) Delaware 13-1024020 (State or other jurisdiction of incorporation or o ...
Interpublic Group Earnings Meet Estimates in Q3, Revenues Miss
ZACKS· 2024-10-22 18:20
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 ...
IPG(IPG) - 2024 Q3 - Earnings Call Transcript
2024-10-22 16:05
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 ...
Interpublic (IPG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-22 14:35
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) Matches Q3 Earnings Estimates
ZACKS· 2024-10-22 13:16
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, ...
IPG(IPG) - 2024 Q3 - Earnings Call Presentation
2024-10-22 12:13
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 ...
Interpublic Group to Report Q3 Earnings: What's in the Offing?
ZACKS· 2024-10-18 14:30
The Interpublic Group of Companies, Inc. (IPG) is scheduled to release its third-quarter 2024 results on Oct. 22, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.IPG’s earnings surprise history is not impressive. It has surpassed the Zacks Consensus Estimate in one of the trailing four quarters, met in two instances and missed once, the average negative surprise being 1.2%.Interpublic Group’s Q3 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $2.3 billio ...