Tag: Omnicom

Omnicom beats quarterly profit on strong ad spending

 stock analyst  04/17/2024  0 Comments on Omnicom beats quarterly profit on strong ad spending

(Reuters) – Omnicom Group (NYSE:OMC) beat Wall Street estimates for first-quarter profit and revenue on Tuesday, helped by solid demand for its advertising services amid major political and sports events.

Omnicom Q1 adjusted EPS beats estimates, revenue up 5.4% YoY

 stock analyst  04/17/2024  0 Comments on Omnicom Q1 adjusted EPS beats estimates, revenue up 5.4% YoY

NEW YORK – Omnicom Group Inc. (NYSE: NYSE:OMC) announced its first-quarter earnings, surpassing analyst expectations with an adjusted EPS of $1.67, which was $0.13 higher than the consensus estimate of $1.54. Revenue for the quarter also exceeded forecasts, coming in at $3.63 billion against the anticipated $3.61 billion.