Global advertising conglomerate Interpublic Group (NYSE: IPG) will be reporting results this Tuesday morning. Here’s what to expect.
Interpublic Group met analysts’ revenue expectations last quarter, reporting revenues of $2.00 billion, down 8.5% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ EPS estimates and a narrow beat of analysts’ organic revenue estimates.
Is Interpublic Group a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Interpublic Group’s revenue to decline 6.3% year on year to $2.18 billion, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.56 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Interpublic Group has missed Wall Street’s revenue estimates six times over the last two years.
Looking at Interpublic Group’s peers in the media & entertainment segment, only Omnicom Group has reported results so far. It beat analysts’ revenue estimates by 1.2%, delivering year-on-year sales growth of 4.2%. The stock traded up 4.6% on the results.
Read our full analysis of Omnicom Group’s earnings results here.There has been positive sentiment among investors in the media & entertainment segment, with share prices up 4.5% on average over the last month. Interpublic Group is down 1% during the same time and is heading into earnings with an average analyst price target of $33.55 (compared to the current share price of $24.18).
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