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 ...

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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. ...

New York, NY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today that it will release earnings for the third quarter ended September 30, 2024 on the morning of October 22, 2024. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results. To join the conference call, please call (888) 469-2039. Outside the United States, please call (517) 308-9365. The participant passcode is 3446894. The call will be a ...

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 ...

The Zacks Advertising and Marketing industry is expected to gradually reach the pre-pandemic healthy levelswith increased service activities. IPG, NEXN and PUBGY are likely to ride on the digital marketing surge and client-centric strategies.The rise in service activities, increased digital marketing services, and the success of the work-from-home trend enable the Zacks Advertising and Marketing industry to counter the prevailing revenue softness.Customer-centric approaches to business, digital strategies a ...

New York, NY, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today the appointment of Alex Hesz as the company's Chief Strategy Officer. Hesz will collaborate closely with Interpublic’s leadership team on the company's strategic priorities, including the company’s go-to-market positioning and its integrated work with global clients. “Alex is an exceptional strategist who sees what’s next and will help both our clients and Interpublic harness change to drive outstanding performanc ...

hxdbzxy/iStock via Getty Images Introduction I'm a firm believer like many others that stocks offer better returns over the longer term. The less time you own a stock, the riskier of an investment it becomes. And the longer you own it, the less risk it poses. However, if the fundamentals change or there is a better deal elsewhere, selling after owning for a short time can prove to be advantageous as well. In the current market that appears to be overvalued, many stocks don't seem very attractive at the ...