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Omnicom Reports Third Quarter 2024 Results
Prnewswire· 2024-10-15 20:03
Revenue of $3.9 billion, with organic growth of 6.5% Net income of $385.9 million Diluted earnings per share of $1.95; $2.03 Non-GAAP adjusted Operating income of $600.1 million; EBITA of $622.3 million and 16.0% margin NEW YORK, Oct. 15, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced results for the quarter ended September 30, 2024. "Omnicom delivered a strong quarter, with 6.5% organic revenue growth, and 7.9% EBITA growth. We did so while continuing to strengthen our organization by investing i ...
Omnicom to Report Q3 Earnings: Here's What You Should Know
ZACKS· 2024-10-14 17:01
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 ...
Countdown to Omnicom (OMC) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-10-10 14:20
In its upcoming report, Omnicom (OMC) is predicted by Wall Street analysts to post quarterly earnings of $1.97 per share, reflecting an increase of 5.9% compared to the same period last year. Revenues are forecasted to be $3.79 billion, representing a year-over-year increase of 6.1%. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during thi ...
Omnicom Schedules Third Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-10-08 20:05
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 ...
Diversified Revenue Streams Aid Omnicom Group Amid High Competition
ZACKS· 2024-10-08 16:10
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) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-08 15:08
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 ...
Omnicom Earnings Preview: Strong Foundations, Slowing Momentum
Seeking Alpha· 2024-10-02 17:00
Omnicom Group Inc. (NYSE: OMC ) is a giant in the world of marketing, spanning over 100 countries, with a portfolio that's as sharp as the campaigns it creates. My analysis argues that while Omnicom's foundation is solid—bolstered by strong stock The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offerin ...
Omnicom Acquires LeapPoint, Creating Leading End-to-End Content Supply Chain Solution
Prnewswire· 2024-09-27 12:30
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 ...
FRESH OFF ITS Q3 AMAZON WIN, OMNICOM MEDIA GROUP TOPS COMVERGENCE H1 REPORT WITH $5.3 BILLION IN TOTAL NEW BUSINESS WINS
Prnewswire· 2024-09-24 10:00
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 ...
Omnicom Launches Omnicom Advertising Group (OAG) to Power the Next Generation of Creativity
Prnewswire· 2024-08-27 13:20
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 ...