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OMNICOM MEDIA GROUP AGENCIES OUTPERFORM FOR GROWTH ACROSS ALL FOUR REGIONS
Prnewswire· 2024-07-22 11:00
New Report Reveals OMG Is #1 For Growth in EMEA and LATAM, Leads the Industry in Digital Spend OMD remains #1 in North America, Hearts & Science leads in global growth NEW YORK, July 22, 2024 /PRNewswire/ -- A new report from leading independent and international research company COMvergence reveals Omnicom Media Group (OMG) agencies outperformed the marketplace for billings growth across all four regions, powered by 2023 wins that included Beiersdorf, Grupo Bimbo, Jaguar Land Rover, Uber, Under Armour, Van ...
Omnicom Declares Dividend
Prnewswire· 2024-07-18 20:06
NEW YORK, July 18, 2024 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock. The dividend is payable on October 11, 2024 to Omnicom common shareholders of record at the close of business on September 20, 2024. About Omnicom SOURCE Omnicom Group Inc. Omnicom (NYSE: OMC) is a leading provider of data-inspired, creative marketing and sales solutions. Omnicom's iconic agency brands are home to the industr ...
Omnicom (OMC) Earnings & Revenues Surpass Estimates in Q2
ZACKS· 2024-07-17 16:00
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. Omnicom shares have gained 10.2% over the year-to-date period against the 1.9% decline of the industry it belongs to. Meanwhile, the Zacks S&P 500 composite has rallied 17%. Across fundamental disciplines, revenues from Advertising & Media increased 7.8% year over year compared with our estimate o ...
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
Omnicom Group Inc. (NYSE:OMC) Q2 2024 Earnings Conference Call July 16, 2024 4:30 PM ET Company Participants Gregory Lundberg - SVP, IR John Wren - Chairman and CEO Philip Angelastro - EVP and CFO Conference Call Participants Cameron McVeigh - Morgan Stanley David Karnovsky - JPMorgan Adam Berlin - UBS Steven Cahall - Wells Fargo Michael Nathanson - MoffettNathanson Jason Bazinet - Citigroup Tim Nollen - Macquarie Group Craig Huber - Huber Research Partners Adrien de Saint Hilaire - Bank of America Operator ...
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 ...