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The Better World Campaign Appoints FleishmanHillard as Agency to Reinforce the UN's Value to the United States
Prnewswire· 2024-07-17 15:00
ST. LOUIS, July 17, 2024 /PRNewswire/ -- The Better World Campaign (BWC), a sister organization to the United Nations Foundation, has appointed FleishmanHillard as the communications agency to provide strategic communications and public affairs support, reinforcing the importance of the U.N. goals, work and impact in the United States. The BWC works to foster a strong, effective relationship between the United States and the United Nations that promotes core American interests and builds a more secure, pros ...
Omnicom (OMC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-07-17 14:31
For the quarter ended June 2024, Omnicom (OMC) reported revenue of $3.85 billion, up 6.8% over the same period last year. EPS came in at $1.95, compared to $1.81 in the year-ago quarter. The reported revenue represents a surprise of +1.12% over the Zacks Consensus Estimate of $3.81 billion. With the consensus EPS estimate being $1.88, the EPS surprise was +3.72%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...
Omnicom Group(OMC) - 2024 Q2 - Earnings Call Transcript
2024-07-17 00:55
Now with things like ArtBot, we can reduce the cost, we can do something better, cheaper and faster. And through Omni and the optimization tools that we have, we can measure the effectiveness of it. The point being a dollar save becomes 95% incremental dollars invested from the clients. So I think your fear is really not well-placed and I think we have enough history because this business has evolved quite a bit during my tenure to at least believe in the fact that if you can measure it and it's beneficial ...
Omnicom Group(OMC) - 2024 Q2 - Quarterly Report
2024-07-17 00:44
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑ As of July 10, 2024, there were 195,648,843 shares of Omnicom Group Inc. Common Stock outstanding. OMNICOM GROUP INC. QUARTERLY REPORT ...
Omnicom (OMC) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-07-16 22:15
This quarterly report represents an earnings surprise of 3.72%. A quarter ago, it was expected that this advertising company would post earnings of $1.52 per share when it actually produced earnings of $1.67, delivering a surprise of 9.87%. What's Next for Omnicom? It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.98 on $3.82 billion in revenues for the coming quarter and $7.84 on $15.6 billion in re ...
Omnicom Group(OMC) - 2024 Q2 - Quarterly Results
2024-07-16 20:10
Notes 1-4, see page 10. OMNICOM REPORTS SECOND QUARTER 2024 RESULTS Revenue of $3.9 billion, with organic growth of 5.2% Net income of $328.1 million Diluted earnings per share of $1.65; $1.95 Non-GAAP adjusted Non-GAAP adjusted EBITA of $589.6 million and 15.3% margin NEW YORK, July 16, 2024 - Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2024. Revenue SG&A expenses increased $11.9 million, or 12.0%, to $111.0 million, primarily due to professional fees related to our acquisiti ...
Omnicom Reports Second Quarter 2024 Results
Prnewswire· 2024-07-16 20:02
Revenue of $3.9 billion, with organic growth of 5.2% Diluted earnings per share of $1.65; $1.95 Non-GAAP adjusted NEW YORK, July 16, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2024. | --- | --- | --- | --- | --- | |--------------------------------------------------|-----------|-------|------------------------------|--------| | | | | | | | | | | | | | $ in millions, except per share amounts | 2024 | | Three Months Ended June 2023 | 30, | | | | | | | | Reve ...
Omnicom (OMC) Gains on Flywheel Acquisition Amid Low Liquidity
ZACKS· 2024-07-11 16:01
The company gains from investments made in precision marketing, data, analytics and others. Diversification in its revenue stream helps it tackle the dynamism of the advertising and marketing industry. However, a current ratio of less than 1 may pose a threat to the company paying off its short-term obligations. The company has a consistent record of returning value to shareholders in the form of dividends and share repurchases. In 2023, Omnicom paid out dividends of $562.7 million and repurchased shares wo ...
Omnicom Launches ArtBotAI, Offering Clients the Industry's Most Powerful Creative Engineering Solution
Prnewswire· 2024-07-10 13:30
NEW YORK, July 10, 2024 /PRNewswire/ -- Omnicom today announced the launch of ArtBotAI, its nextgeneration intelligent content platform, which now leverages Gen AI large language models. ArtBotAI solves a common CMO dilemma: how to efficiently optimize creative digital content at scale without sacrificing quality. ArtBotAI's intelligent content orchestration platform, leveraging Gen AI models powered by Omni, assembles clients' digital assets, to create and deliver high-quality personalized experiences. Art ...
Omnicom Schedules Second Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-07-09 14:42
About Omnicom Omnicom (NYSE: OMC) is a leading provider of data-inspired, creative marketing and sales solutions. Omnicom's iconic agency brands are home to the industry's most innovative communications specialists who are focused on driving intelligent business outcomes for their clients. The company offers a wide range of services in advertising, strategic media planning and buying, precision marketing, retail and digital commerce, branding, experiential, public relations, healthcare marketing and other s ...