Core Insights - Interpublic Group (IPG) reported a revenue of $2 billion for the quarter ended March 2025, reflecting an 8.6% decline year-over-year, with EPS at $0.33 compared to $0.36 in the same quarter last year [1] - The reported revenue matched the Zacks Consensus Estimate of $2 billion, resulting in a surprise of -0.28%, while the EPS exceeded the consensus estimate of $0.30 by 10% [1] Revenue Breakdown - International revenue before billable expenses was $638.10 million, below the average estimate of $672.67 million, marking a year-over-year decline of 9.7% [4] - Domestic revenue before billable expenses in the United States was $1.36 billion, slightly below the $1.37 billion estimate, representing an 8% decrease year-over-year [4] - Revenue before billable expenses in the Asia Pacific region was $119.30 million, significantly lower than the estimated $141.97 million, showing a 16.5% decline from the previous year [4] - Revenue before billable expenses in Continental Europe was $169.30 million, compared to the estimate of $174.82 million, indicating a 5.7% year-over-year decrease [4] - The United Kingdom's revenue before billable expenses was $159.40 million, below the estimated $170.75 million, reflecting a 10.5% decline year-over-year [4] - Latin America reported revenue before billable expenses of $72.50 million, under the average estimate of $90.28 million, representing a 16.8% decrease from the previous year [4] Stock Performance - Interpublic's shares have returned -9.4% over the past month, underperforming the Zacks S&P 500 composite, which saw a -5.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]
Interpublic (IPG) Reports Q1 Earnings: What Key Metrics Have to Say