Interpublic Group (IPG) Lags Q4 Earnings and Revenue Estimates

Interpublic Group (IPG) came out with quarterly earnings of $1.11 per share, missing the Zacks Consensus Estimate of$ 1.15 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.48%. A quarter ago, it was expected that this marketing and advertising company would post earnings of$ 0.70 per share when it actually produced earnings of $0.70, delivering no surprise.Over the last four quar ...