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Stock impact report

Interpublic (IPG) Q2 Earnings Meet Estimates, Decline Y/Y [Yahoo! Finance]

Interpublic Group of Companies, Inc. (The) (IPG) 
Last interpublic group of companies, inc. (the) earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.interpublic.com
Company Research Source: Yahoo! Finance
IPG has reported mixed second-quarter 2024 results, wherein earnings met the Zacks Consensus Estimate, while revenues beat the same. IPG's adjusted earnings (excluding 4 cents from non-recurring items) of 61 cents per share met the Zacks Consensus Estimate but decreased 17.6% on a year-over-year basis. Revenues before billable expenses (net revenues) of $2.3 billion surpassed the consensus estimate marginally but declined 12.7% year over year. Total revenues of $2.7 billion rose 1.6% year over year and surpassed the Zacks Consensus Estimate pegged at $2.3 billion. IPG shares have declined 6.7% over the past year against the 2.8% fall of the industry it belongs to. Interpublic Group of Companies, Inc. (The) Price and EPS Surprise Interpublic Group of Companies, Inc. (The) price-eps-surprise | Interpublic Group of Companies, Inc. (The) Quote Operating Results The operating income in the quarter came in at $318.2 million, which increased 2.4% from the year-ago quarter and was Show less Read more
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