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IPG Interpublic of Companies News Story

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Interpublic Group of Companies Inc reports results for the quarter ended December 31 - Earnings Summary

* Interpublic Group of Companies Inc  IPG.N  reported
quarterly
adjusted earnings of $1.11​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of $1.18.  The mean expectation of
seven analysts for the quarter was for earnings of $1.17 per
share. Wall Street expected results to range from $1.14 
to $1.24 per share.
    * Revenue rose 12.1% to $2.90 billion from a year ago;
analysts
expected $2.52 billion. 
    * Interpublic Group of Companies Inc's reported EPS for the
quarter was 92 cents​.
    * The company reported quarterly net income of $344.5
million.
    * Interpublic Group of Companies Inc shares had fallen
by 3.0%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is also "hold"

Wall Street's median 12-month price target for Interpublic Group
of Companies Inc is $35.00 
This summary was machine generated from LSEG data February 12 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.17           1.11           Missed
 Sep. 30 2024      0.70           0.70           Met
 Jun. 30 2024      0.59           0.61           Beat
 Mar. 31 2024      0.35           0.36           Beat

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