Interpublic Q1 Results Top Estimates

RTTNews | 1284 hari yang lalu
Interpublic Q1 Results Top Estimates

(RTTNews) - Interpublic Group of Cos., Inc. (IPG) reported Thursday that net income available to IPG common stockholders for the first quarter declined to $126.0 million or $0.33 per share from $159.4 million or $0.40 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $0.38 per share, compared to $0.47 per share in the year-ago quarter.

Total revenue for the quarter decreased 1.8 percent to $2.52 billion from $2.57 billion in the same quarter last year. Net revenue was also down 2.3 percent from last year at $2.18 billion. Organic net revenue edged down 0.2 percent.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.34 per share on revenues of $2.20 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, CEO Philippe Krakowsky said, "We continue to expect full-year organic growth at the midpoint of our range of 2% - 4%, with fully adjusted EBITA margin of 16.7%."

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

baca selengkapnya
Interpublic Q2 Results Top Estimates

Interpublic Q2 Results Top Estimates

Interpublic Group of Cos., Inc. (IPG) reported Wednesday that net income available to IPG common stockholders for the second quarter declined to $214.5 million or $0.57 per share from $265.5 million or $0.68 per share in the prior-year quarter.
RTTNews | 830 hari yang lalu
Interpublic Q4 Results Top Estimates

Interpublic Q4 Results Top Estimates

Interpublic Group of Cos., Inc. (IPG) reported Thursday that net income available to IPG common stockholders for the fourth quarter surged to $463.2 million or $1.21 per share from $297.2 million or $0.76 per share in the prior-year quarter.
RTTNews | 997 hari yang lalu
Interpublic Q4 Adj. EPS Tops Estimates; Boosts Dividend 7%

Interpublic Q4 Adj. EPS Tops Estimates; Boosts Dividend 7%

Interpublic Group of Cos., Inc. (IPG) reported Thursday that net income available to IPG common stockholders for the fourth quarter declined to $297.2 million or $0.76 per share from $357.9 million or $0.90 per share in the prior-year quarter.
RTTNews | 1361 hari yang lalu
Indian Shares Rally As Crude Oil Eases

Indian Shares Rally As Crude Oil Eases

Indian shares opened on a buoyant note on Monday, with easing oil prices and renewed buying from foreign institutional investors amid concerns over the outlook for AI trade elsewhere globally helping underpin investor sentiment.
RTTNews | 1 jam 44 menit yang lalu
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, reversing some of the gains in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,850.00 level, with weakness in gold mining and financial stocks partially offset by gains in energy stocks.
RTTNews | 2 jam 47 menit yang lalu
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, amid weakness in technology stock which mirrored their peers on tech-heavy Nasdaq on renewed concerns about the AI trade. Markets also keep an eye on the ongoing discussions between Qatari mediators and Iranian officials to end hostilities in the Middle East which could ease supply concerns.
RTTNews | 3 jam 1 menit yang lalu
Indian Shares Seen Higher As AI Selloff Deepens, Oil Prices Ease

Indian Shares Seen Higher As AI Selloff Deepens, Oil Prices Ease

Indian shares look set to open higher on Monday, with information technology stocks in the spotlight after the tech-heavy Nasdaq plunged to its lowest closing level in three months on Friday amid renewed concerns about the artificial intelligence trade. Additionally, ongoing discussions involving Iranian officials and Qatari mediators have raised hopes of possible breakthrough that could ease supply concerns and improve the outlook for global energy markets.
RTTNews | 3 jam 39 menit yang lalu
Thai Stock Market May Test Support At 1,500 Points

Thai Stock Market May Test Support At 1,500 Points

The Thai stock market has finished lower in four straight sessions, sliding more than 60 points or 3.7 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,520-point plateau and it's looking at another soft start again on Monday.
RTTNews | 4 jam 9 menit yang lalu