24.04.2024 13:27:48 - dpa-AFX: Interpublic Group Of Companies Inc. Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Interpublic Group Of Companies Inc. (IPG) released
earnings for first quarter that decreased from last year but beat the Street
estimates.

The company's earnings came in at $110.4 million, or $0.29 per share. This
compares with $126 million, or $0.33 per share, in last year's first quarter.

Excluding items, Interpublic Group Of Companies Inc. reported adjusted earnings
of $0.36 per share for the period.

Analysts on average had expected the company to earn $0.35 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 0.8% to $2.50 billion from $2.52
billion last year.

Interpublic Group Of Companies Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $110.4 Mln. vs. $126 Mln. last year.
-EPS (Q1): $0.29 vs. $0.33 last year.
-Revenue (Q1): $2.50 Bln vs. $2.52 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
INTERPUBL.GR. COS. DL-,10 851781 Frankfurt 28,790 10.05.24 08:04:45 +0,195 +0,68% 0,000 0,000 28,790 28,790

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