THE INTERPUBLIC GROUP OF COMPANIES, INC.

The Interpublic Group of Companies, Inc.

IPG

US4606901001

Advertising & Marketing

Market Closed - Nyse Other stock markets 04:00:02 2024-05-03 pm EDT			5-day change	1st Jan Change
30.72 ^USD	+0.62%		-2.38%	-5.88%

Apr. 30	Pinterest forecasts quarterly revenue above estimates on robust ad spend	RE
Apr. 26	Telecoms Climb After Alphabet, Snap Earnings - Communications Services Roundup	DJ

The Interpublic Group of Companies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 24, 2024 at 09:18 am EDT

The Interpublic Group of Companies, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 2,182.9 million compared to USD 2,176.9 million a year ago. Revenue was USD 2,495.9 million compared to USD 2,521 million a year ago.

Net income was USD 110.4 million compared to USD 126 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.33 a year ago.

Latest news about The Interpublic Group of Companies, Inc.

Pinterest forecasts quarterly revenue above estimates on robust ad spend	Apr. 30	RE
Telecoms Climb After Alphabet, Snap Earnings - Communications Services Roundup	Apr. 26	DJ
Citigroup Trims Price Target on Interpublic Group to $39 From $40, Buy Rating Kept	Apr. 26	MT
Warner Bros Discovery to launch data platform for better ad-targeting	Apr. 25	RE
Macquarie Raises Price Target on Interpublic Group to $33 From $32, Keeps Neutral Rating	Apr. 25	MT
BNP Paribas Exane Adjusts Price Target on Interpublic Group to $33 From $34	Apr. 25	MT
Wells Fargo Adjusts Price Target on Interpublic Group of Companies to $31 From $32	Apr. 25	MT
Tranche Update on The Interpublic Group of Companies, Inc.'s Equity Buyback Plan announced on February 9, 2023.	Apr. 24	CI
Tranche Update on The Interpublic Group of Companies, Inc.'s Equity Buyback Plan announced on February 8, 2024.	Apr. 24	CI
The Interpublic Group of Companies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
Interpublic Group Q1 Adjusted Earnings, Revenue Decrease	Apr. 24	MT
Transcript : The Interpublic Group of Companies, Inc., Q1 2024 Earnings Call, Apr 24, 2024	Apr. 24
Earnings Flash (IPG) INTERPUBLIC GROUP OF COMPANIES (THE) Reports Q1 Revenue $2.5B, vs. Street Est of $2.19B	Apr. 24	MT
Earnings Flash (IPG) INTERPUBLIC GROUP OF COMPANIES Posts Q1 EPS $0.36, vs. Street Est of $0.35	Apr. 24	MT
Morgan Stanley Adjusts Interpublic Group of Companies' Price Target to $30 From $29, Keeps Overweight Rating	Apr. 23	MT
Omnicom beats quarterly profit on strong ad spending	Apr. 16	RE
Kenneth Steiner Submits a Shareholder Proposal to The Interpublic Group of Companies	Apr. 12	CI
Interpublic Group's Magna Raises 2024 Revenue Forecast for US Advertising Market	Mar. 28	MT
Interpublic Group Announces Executive Changes	Mar. 18	CI
Transcript : The Interpublic Group of Companies, Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-05-2024 03:35 PM	Mar. 05
Trump is disqualified from Illinois ballot, judge rules	Feb. 28	RE
UK housing sector ripe for deals as firms look to boost land bank	Feb. 21	RE
Wells Fargo Adjusts Price Target on Interpublic to $32 From $31, Maintains Equalweight Rating	Feb. 09	MT
Pinterest slides as smaller players battle for share of ad market	Feb. 09	RE
Ad group Interpublic warns of lower spending by tech, telecom clients	Feb. 08	RE

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Company Profile

The Interpublic Group of Companies, Inc. is a world leader in publicity and marketing services. The group designs and executes publicity campaigns and supplies consulting, media space purchasing, strategic planning, direct marketing, public relations, institutional communication, and other services. Net sales break down by activity network as follows: - integrated agency network (85.8%): Draftfcb, Lowe, McCann, Campbell-Ewald, Hill Holliday, etc.; - specialized agency network (14.2%): primarily Weber Shandwick, FutureBrand, DeVries, GolinHarris, Jack Morton and Octagon Worldwide. Net sales break down geographically as follows: the United States (64.6%), the United Kingdom (8.2%), Europe (8.5%), Asia-Pacific (8.8%), Latin America (4%) and other (5.9%).

Sector

Advertising & Marketing

Calendar

2024-05-23 - Annual General Meeting

Related indices

S&P 500

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Ratings for The Interpublic Group of Companies, Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

30.72 USD

Average target price

35.54 USD

Spread / Average Target

+15.70%

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Quarterly earnings - Rate of surprise

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Sector Other Advertising & Marketing

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