Omnicom Group (OMC) is scheduled to release its third-quarter 2024 results on Oct. 15, after the bell. See the Zacks Earnings Calendar to stay ahead of market-making news. The company has had an impressive earnings surprise history. It outperformed the Zacks Consensus Estimate in all the trailing four quarters, delivering an earnings surprise of 3.2%, on average. Q3 Expectations The Zacks Consensus Estimate for the top line is currently pegged at $3.8 billion, indicating 6% growth from the year-ago reported ...

Core Viewpoint - Omnicom (OMC) is expected to report quarterly earnings of $1.97 per share, a 5.9% increase year-over-year, with revenues projected at $3.79 billion, reflecting a 6.1% year-over-year growth [1] Earnings Estimates - The consensus EPS estimate has been adjusted downward by 0.7% over the past 30 days, indicating a reassessment by analysts [2] - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock performance [3] Revenue Projections - Revenue from 'Commerce & Branding' is estimated at $220.63 million, a 4.3% increase from the previous year [5] - 'Execution & Support' revenue is projected at $207.78 million, reflecting a 0.8% increase year-over-year [5] - 'Healthcare' revenue is expected to reach $331.22 million, indicating a 3.1% decrease from the prior year [5] - 'Public Relations' revenue is forecasted at $417.82 million, a 6.5% increase year-over-year [6] - 'Revenue by Geography- Asia Pacific' is estimated at $439.11 million, a 2.8% increase [6] - 'Revenue by Geography- North America' is projected to be $2.10 billion, reflecting a 5.8% increase [6] - 'Revenue by Geography- Middle East and Africa' is expected to reach $64.85 million, a significant 25.7% increase [7] - 'Revenue by Geography- Europe' is projected at $1.07 billion, a 5.2% increase [7] Organic Revenue Growth - Total Organic Revenue Growth is expected to be 5.0%, up from 3.3% in the previous year [7] - 'Organic Revenue Growth - Healthcare' is estimated at 2.7%, down from 3.8% in the same quarter last year [8] - 'Organic Revenue Growth - Experiential' is projected at 8.5%, compared to 9.2% in the previous year [8] - 'Organic Revenue Growth - Precision Marketing' is expected to be 5.8%, up from 4.3% in the same quarter last year [9] Stock Performance - Over the past month, Omnicom shares have returned +4.6%, compared to the Zacks S&P 500 composite's +5.9% change [9] - Omnicom holds a Zacks Rank 3 (Hold), suggesting performance that aligns with the overall market in the upcoming period [9]

NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its third quarter 2024 results on Tuesday, October 15, 2024 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, October 15, 2024, starting at 4:30 p.m. Eastern Time. A live webcast of the call will be available at Omnicom's investor relations website, investor.omnicomgroup.com, along with the related earnings press release and slide presentation. A ...

Omnicom Group Inc. (OMC) has had an impressive run in the year-to-date period. The company's shares have gained 19.2% compared with the 7.8% rally of its industry. OMC reported impressive second-quarter 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate. Earnings of $1.95 per share beat the consensus estimate by 3.7% and gained 7.7% year over year. Total revenues of $3.9 billion surpassed the consensus estimate by 1.1% and increased 6.8% on a year-over-year basis. How is OMC Doing ...

Omnicom (OMC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...

Group 1 - Omnicom Group Inc. is a major player in the marketing industry, operating in over 100 countries with a strong portfolio of campaigns [1] - The company's foundation is solid, supported by strong stock performance [1] Group 2 - Grassroots Trading focuses on providing objective and unbiased research, particularly on small- to mid-cap companies, while also identifying opportunities in larger companies [1]

NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced its precision marketing division, Omnicom Precision Marketing Group (OPMG), acquired LeapPoint, a digital advisory firm focused on helping organizations improve the orchestration and performance of their entire marketing lifecycle. The move is part of OPMG's strategic efforts to offer the industry's most comprehensive end-to-end content solution, empowering marketers to accelerate workflows and deliver personalized experiences to t ...

OMG agencies PHD and OMD Leverage Agency as a Platform Model to Earn #1 and #2 Ranking Among Global Media Networks NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom (NYSE: OMC) and parent company to the OMD, PHD and Hearts & Science global media agency networks, had the best total new business record (wins minus losses, including retentions) among global media management groups for the first half of 2024. View PDFOmnicom Media Group had the best H1 to ...

OAG aligns BBDO, DDB, TBWA and the Advertising Collective under one leadership Accelerates investments in innovative tools, technologies, and AI platforms TBWA CEO, Troy Ruhanen, is elevated to Global CEO, OAG NEW YORK, Aug. 27, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced the formation of Omnicom Advertising Group (OAG), a new global organization aligning world-class creative networks BBDO, DDB, TBWA, as well as leading agencies within the Advertising Collective including Goodby Silverstein & P ...

Leadership Transition - J.J. Carter will become President and Chief Executive Officer of FleishmanHillard effective Oct. 1, 2024, succeeding John Saunders who will take on the role of Chairman [1][3] - Carter has been with FleishmanHillard since 2005 and has held various leadership roles, including overseeing the agency's East and West regions in the U.S. and launching the global sports marketing practice [7] Executive Background - John Saunders, who has been with FleishmanHillard for over 37 years, served as President and CEO since 2015 and has a notable history in the communications industry [2][4] - Carter, at 49 years old, has been recognized for his experience and vision to drive innovation and growth within the company [4][6] Future Vision - Carter aims to accelerate growth, deliver transformative work for clients, and enhance the employee experience by leveraging the agency's strengths and exploring new capabilities [8] - The company is committed to providing intelligent, creative, audience-first solutions that create impact for clients [8] Company Overview - FleishmanHillard specializes in public relations, reputation management, public affairs, brand marketing, digital strategy, social engagement, and content strategy, with nearly 80 offices in over 30 countries [10] - The agency has received multiple accolades, including being named Campaign Global PR Agency of the Year for three consecutive years from 2020 to 2022 [10]