Omnicom Group: Q3 Earnings Insights

Shares of Omnicom Group OMC moved higher by 3.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 9.85% year over year to $1.45, which beat the estimate of $1.06.

Revenue of $3,207,000,000 declined by 11.51% year over year, which beat the estimate of $3,030,000,000.

Outlook

Omnicom Group hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 27, 2020

Time: 08:15 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestor.omnicomgroup.com%2F&eventid=2625407&sessionid=1&key=24D53221F06D8A527F366602469FE271&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $82.73

52-week low: $46.37

Price action over last quarter: down 2.30%

Company Description

Omnicom is the world's second- largest ad holding company, based on annual revenue. The American firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 85% of its revenue coming from more developed regions such as North America and Europe.