Interpublic Group Earnings and Revenues Miss Estimates in Q4

The Interpublic Group of Companies, Inc. (IPG) has reported lower-than-expected fourth-quarter 2024 results.See Zacks Earnings Calendar to stay ahead of market-making news.IPG’s adjusted earnings of $1.11 per share missed the Zacks Consensus Estimate by 3.5% and decreased 5.9% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2.4 billion missed the consensus estimate by 2.9% and declined 19.5% year over year. Total revenues of $2.9 billion fell 5.3% year over year and outpaced ...