On Tuesday 22nd October 2024, The Interpublic Group of Companies (NYSE: IPG) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
The latest projections from financial analysts on Wall Street suggest that the organization is likely to reveal an estimated $0.70 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $2.3 billion for the period.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.7 per share. This number was attributed to the company's total revenue, which settled at an impressive $2.68 billion during the same period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $9.41 billion. Furthermore, they expect the business to achieve profit of $2.85 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.61 | -17.6% | 2.33 B | 0.0% |
| Q1 2024 | $0.36 | -5.3% | 2.50 B | -1.0% |
| Q4 2023 | $1.18 | +15.7% | 2.59 B | +1.4% |
| Q3 2023 | $0.70 | +11.1% | 2.68 B | +1.6% |
| Q2 2023 | $0.74 | +17.5% | 2.33 B | -2.0% |
| *Growth on year-over-year basis | ||||
IPG has scheduled a conference call on 22nd October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
The Interpublic Group of Companies (IPG) closed Friday's regular trading session at $32.03, showing a 0.09 percent decrease. During the day, IPG shares traded between $31.79 and $32.21, with a day volume of 3.45 million shares.
