06.02.2024 22:09:50
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Omnicom Group Inc. Q4 Profit Beats Estimates
(RTTNews) - Omnicom Group Inc. (OMC) revealed earnings for fourth quarter that beat the Street estimates.
The company's earnings came in at $425.7 million, or $2.13 per share. This compares with $429.8 million, or $2.09 per share, in last year's fourth quarter.
Excluding items, Omnicom Group Inc. reported adjusted earnings of $438.7 million or $2.20 per share for the period.
Analysts on average had expected the company to earn $2.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.9% to $4.06 billion from $3.87 billion last year.
Omnicom Group Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $425.7 Mln. vs. $429.8 Mln. last year. -EPS (Q4): $2.13 vs. $2.09 last year. -Analyst Estimates: $2.16 -Revenue (Q4): $4.06 Bln vs. $3.87 Bln last year.
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