The Interpublic Group of Companies, Inc. (IPG) reported better-than-expected fourth-quarter 2023 results.Adjusted earnings of $1.18 per share surpassed the Zacks Consensus Estimate by 1.7% and increased 15.7% on a year-over-year basis. Revenues before billable expenses (net revenues) of $2.6 billion surpassed the consensus estimate marginally and increased 1.4% year over year. Total revenues of $3 billion increased 1.3% year over year.Interpublic’s shares have declined 13.2% in the past year compared with t ...

The Interpublic Group of Companies, Inc. (NYSE:IPG) Q4 2023 Earnings Call Transcript February 8, 2024 8:30 AM ET Company Participants Jerry Leshne - Senior Vice President, Investor Relations Philippe Krakowsky - Chief Executive Officer Ellen Johnson - Chief Financial Officer Conference Call Participants Adrien de Saint Hilaire - Bank of America David Karnovsky - J.P. Morgan Tim Nollen - Macquarie Steven Cahall - Wells Fargo Julien Roch - Barclays Operator Good morning, and welcome to the Interpublic Group F ...

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, ...

New York, NY, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today the appointment of Susan Credle as its first-ever Creative Advisor. In addition to taking on this newly created role, Susan will continue to serve as Chair of global integrated creative network FCB through the remainder of 2024. Credle will also continue to report to IPG CEO Philippe Krakowsky. In the new role, partnering with creative leaders across IPG's agencies, Susan will advance the culture of creativity at IP ...

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 ...

New York, NY, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today that Lisa De Bonis has been named the new CEO of creative consultancy Huge. She succeeds Mat Baxter, who had served in the role since 2021 and led Huge's structural reorganization, productization model and nascent investments in AI. De Bonis is being promoted from her role as Chief Product Officer, where she oversaw a key element of Huge's transformation by leading the development of technological infrastructure and ...

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 ...