Omnicom Group Inc reports results for the quarter ended March 31 - Earnings Summary

Reuters
16 Apr
Omnicom Group Inc reports results for the quarter ended March 31 - Earnings Summary
  • Omnicom Group Inc OMC.N reported quarterly adjusted earnings of $1.70​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.67. The mean expectation of seven analysts for the quarter was for earnings of $1.62 per share. Wall Street expected results to range from $1.55 to $1.69 per share.

  • Revenue rose 1.6% to $3.69 billion from a year ago; analysts expected $3.72 billion.

  • Omnicom Group Inc's reported EPS for the quarter was $1.45​.

  • The company reported quarterly net income of $287.7 million.

  • Omnicom Group Inc shares had fallen by 7.7% this quarter and lost 11.0% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 4.8% in the last three months.​

  • In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the advertising & marketing peer group is also "buy"

  • Wall Street's median 12-month price target for Omnicom Group Inc is $104.00

This summary was machine generated from LSEG data April 15 at 09:01 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

Mar. 31 2025

1.62

1.70

Beat

Dec. 31 2024

2.37

2.41

Beat

Sep. 30 2024

2.02

2.03

Beat

Jun. 30 2024

1.93

1.95

Beat

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