Omnicom Group(OMC)

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Omnicom Group to Post Q4 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-01-31 14:50
Omnicom Group (OMC) is scheduled to release its fourth-quarter 2024 results on Feb. 4 after the bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The company has an impressive earnings surprise history. It outperformed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an earnings surprise of 4.6%, on average.OMC’s Q4 ExpectationsThe Zacks Consensus Estimate for the top line is currently pegged at $4.3 billion, indicating 6.8% growth from the year-ago repor ...
Omnicom Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Prnewswire· 2025-01-28 21:10
NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its fourth quarter and full year 2024 results on Tuesday, February 4, 2025 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, February 4, 2025, 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 slid ...
Credera achieves AWS Energy and Utilities Technology Competency
Prnewswire· 2025-01-28 13:00
DALLAS, Jan. 28, 2025 /PRNewswire/ -- Credera, a global consulting firm focused on transformation, MarTech, artificial intelligence (AI), and technology, today announced the achievement of the Amazon Web Services (AWS) Energy and Utilities Competency. This designation recognizes Credera as an AWS Premier Tier Services Partner with deep expertise in helping energy and utilities companies leverage AWS technologies to enhance their operations, drive digital transformation, and ensure regulatory compliance. Cre ...
Dolci Frutta Announces New Non-Alcoholic Collaboration with Baileys® Irish Cream
Prnewswire· 2024-12-19 15:13
MIDDLETON, Wis., Dec. 19, 2024 /PRNewswire/ -- A decadent new addition to Dolci Frutta's popular hard-shell dessert line, featuring the delicious flavor of Baileys Irish Cream, is hitting shelves just in time for the holidays. Dolci Frutta's new Bailey's Irish Cream flavored melting wafers are now available. Saco Foods, LLC ("Saco"), a leading distributor of specialty consumer packaged goods, has announced the release of Dolci Frutta Baileys Irish Cream Flavored Melting Wafers. The non-alcoholic Baileys ...
House probes merger of ad giants Omnicom and Interpublic over ties to anti-conservative cartel
New York Post· 2024-12-18 21:05
Core Viewpoint - The House Judiciary Committee, led by Rep. Jim Jordan, is investigating the merger of advertising giants Omnicom and Interpublic Group due to their connections with an alleged anticonservative cartel that aimed to defund certain news outlets [1][7]. Group 1: Investigation Details - The committee has ordered Omnicom and Interpublic to preserve documents and all communications with the World Federation of Advertisers (WFA) and the now-defunct Global Alliance for Responsible Media (GARM) [2]. - The companies are required to disclose measures taken to prevent repeating GARM's alleged anticompetitive practices and any politically biased "brand safety" initiatives they are involved in [2][7]. - Responses to the committee's inquiries are due by January 7 [3]. Group 2: Merger Implications - The merger, announced earlier this month, would create the largest advertising agency globally, employing over 100,000 individuals and generating nearly $25 billion in annual revenue [5]. - The investigation raises concerns about potential competition suppression, particularly regarding conservative media voices, similar to findings related to GARM's past actions [7][12]. Group 3: Background on GARM - GARM was accused of colluding to undermine conservative platforms by labeling them as harmful and influencing over 40 major companies to withdraw advertising support [7][11]. - The cartel was involved in a boycott of X (formerly Twitter) and targeted popular conservative media, including The Post and Fox News [11][12]. - GARM ceased operations in August following a federal antitrust lawsuit initiated by Elon Musk [13].
NEW COMVERGENCE REPORT PROJECTS OMNICOM MEDIA GROUP OUTPERFORMING ITS PEERS FOR RATE AND VOLUME OF GROWTH IN 2024
Prnewswire· 2024-12-18 14:30
OMG agency OMD Ranked #1 for Billings Volume and Net GrowthYear-end projections drop weeks after Forrester Wavenamed OMG a leader in a transforming media marketplaceNEW YORK, Dec. 18, 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 is expected to finish 2024 with both the highest rate of growth and actual billings growth among all global media groups. Global Media Grou ...
TBWA Named Adweek's 2024 Global Agency of the Year for the Fourth Time
Prnewswire· 2024-12-17 16:32
The Disruption® Company was awarded the honor by showing the depth and breadth of a true global network In 2024 TBWA welcomed 200 new clients, retained its top 20 and saw growth with 70% of them NEW YORK, Dec. 17, 2024 /PRNewswire/ -- TBWA\Worldwide has been named 2024 Global Agency of the Year by Adweek, one of the world's leading marketing publications. TBWA is Adweek's 2024 Global Agency of the Year TBWA was recognized for innovating ways of working with the launch of its AI platform "Collective AI" ...
OMNICOM MEDIA GROUP TOPS COMVERGENCE Q1-Q3 REPORT WITH $7.37 BILLION IN TOTAL NEW BUSINESS
Prnewswire· 2024-12-03 15:27
As reported in the recently published Global Media Agency New Business Barometer Q1-Q3 2024 - an analysis of the global media agency marketplace from independent research company COMvergence - OMG was awarded $7.37 billion in client billings – including $4.4 million in retained business - during the first nine months of the year, outperforming its nearest competitor by more than 40 percent. Remarkably, OMG also earned the highest retention rate, successfully defending 85% of its billings in review while c ...
Why Is Omnicom (OMC) Down 2% Since Last Earnings Report?
ZACKS· 2024-11-14 17:35
It has been about a month since the last earnings report for Omnicom (OMC) . Shares have lost about 2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Omnicom due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Omnicom Q3 Earnings and Revenues Beat EstimatesOmnicom Gr ...
Paratek Pharmaceuticals Announces Positive Top-Line Data from Phase 2b Study of Oral Omadacycline (OMC) in Nontuberculous Mycobacterial (NTM) Abscessus Pulmonary Disease
GlobeNewswire News Room· 2024-11-08 14:00
First randomized placebo-controlled trial in NTM abscessusSymptom-based endpoints showed favorable improvement in frequency and severity of the most common symptomsMicrobiologic endpoints showed higher conversion to negative sputum culture, without emergence of resistance to omadacyclineIn this 12-week study, omadacycline appeared to be safe and well-tolerated with no new or unexpected safety signals BOSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc., a commercial-stage biopharmaceutica ...