Diversified Revenue Streams Aid Omnicom Group Amid High Competition

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 ...