Latest news with #InterpublicGroup
Yahoo
a day ago
- Business
- Yahoo
Earnings To Watch: IMAX (IMAX) Reports Q2 Results Tomorrow
Premium cinema technology company IMAX (NYSE:IMAX) will be reporting results this Thursday before the bell. Here's what to expect. IMAX beat analysts' revenue expectations by 2.9% last quarter, reporting revenues of $86.67 million, up 9.5% year on year. It was a stunning quarter for the company, with a solid beat of analysts' EPS estimates. Is IMAX a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting IMAX's revenue to grow 2.1% year on year to $90.79 million, a reversal from the 9.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.23 per share. Heading into earnings, analysts covering the company have mixed opinions about the business, with revenue estimates seeing 7 upward and 3 downward revisions over the last 30 days. IMAX has missed Wall Street's revenue estimates four times over the last two years. Looking at IMAX's peers in the media & entertainment segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Interpublic Group's revenues decreased 6.6% year on year, meeting analysts' expectations, and Omnicom Group reported revenues up 4.2%, topping estimates by 1.2%. Omnicom Group traded up 4.6% following the results. Read our full analysis of Interpublic Group's results here and Omnicom Group's results here. There has been positive sentiment among investors in the media & entertainment segment, with share prices up 5.1% on average over the last month. IMAX's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $30.82 (compared to the current share price of $28.04). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Interpublic Group Earnings Beat Estimates in Q2, Revenues Slide Y/Y
The Interpublic Group of Companies, Inc. IPG has reported impressive second-quarter 2025 results, wherein earnings and revenues beat the Zacks Consensus Estimate. IPG's adjusted earnings of 75 cents per share surpassed the Zacks Consensus Estimate by 36.4% and jumped 23% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2.2 billion beat the consensus estimate by a slight margin but declined 19.8% year over year. Total revenues of $2.5 billion decreased 7.2% year over year and outpaced the Zacks Consensus Estimate of $2.2 billion. IPG shares have lost 14.3% in the year-to-date period compared with the 30% decline of the industry it belongs to and against the Zacks S&P 500 composite's rise of 6.5%. Interpublic Group of Companies, Inc. (The) Price, Consensus and EPS Surprise Interpublic Group of Companies, Inc. (The) price-consensus-eps-surprise-chart | Interpublic Group of Companies, Inc. (The) Quote Interpublic Group's Q2 Operating Results The operating income in the quarter was $243.7 million, down 30.6% from the year-ago actuals. The metric missed our estimate of $361.5 million. Adjusted EBITA was $264.8 million, decreasing 27.9% on a year-over-year basis and missing our projection of $381.1 million. The adjusted EBITA margin on net revenues was 12.2%, down 240 basis points from the year-ago quarter. The figure missed our estimation of 16.8%. Balance Sheet & Cash Flow of IPG Interpublic Group ended the quarter with a cash and cash equivalent balance of $1.6 billion compared with $1.9 billion in the previous quarter. Total debt was $3 billion, flat with the preceding quarter. The company paid out a common stock cash dividend of 33 cents per share for $121.1 million. Interpublic Group's 2025 Guidance IPG expects 2025 organic net revenues to grow 1-2% year over year. The adjusted EBITA margin is anticipated to surpass the 16.6% registered in the preceding quarter. Interpublic Group flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. Earnings Snapshots Paychex, Inc. PAYX reported impressive fourth-quarter fiscal 2025 results. PAYX's fiscal fourth-quarter earnings of $1.19 per share beat the Zacks Consensus Estimate by a slight margin and increased 6.3% from the year-ago quarter. Total revenues of $1.4 billion surpassed the consensus estimate by a slight margin and gained 10% from the year-ago quarter. Accenture plc ACN posted impressive third-quarter fiscal 2025 results. ACN's earnings were $3.49 per share, beating the Zacks Consensus Estimate by 5.8%. The metric increased 11.5% from the year-ago quarter. Total revenues of $17.7 billion beat the consensus estimate by 2.6% and rose 7.7% on a year-over-year basis. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accenture PLC (ACN) : Free Stock Analysis Report Paychex, Inc. (PAYX) : Free Stock Analysis Report Interpublic Group of Companies, Inc. (The) (IPG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
3 days ago
- Business
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Interpublic Group (IPG) Q2 Earnings: What To Expect
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). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Interpublic Group (IPG) Drops After Competition Watchdog OK on Omnicom Merger
We recently published . Interpublic Group of Companies Inc. (NYSE:IPG) is one of the worst-performing companies on Thursday. Interpublic saw its share prices drop by 4.25 percent on Thursday to end at $24.13 apiece following the Australian competition watchdog's approval of its pending merger with Omnicom Group Inc. (NYSE:OMC). In a statement, Interpublic Group of Companies Inc. (NYSE:IPG) said that the Australian Competition and Consumer Commission (ACCC) has officially granted clearance for Omnicom's pending acquisition of Interpublic Group of Companies Inc. (NYSE:IPG). The ACCC approval brings the total number of antitrust approvals to 14 out of the 18 required for closing. The companies remain firmly on track to complete the transaction in the second half of 2025. 'The proposed merger of Omnicom and Interpublic will reimagine the marketing industry, ushering in a bold new era of growth for its people, delivering superior outcomes for clients, and generating significant long-term value for shareholders,' it said. A modern advertising billboard promoting a company's services in the cityscape. Additionally, investors repositioned portfolios ahead of the release of its second quarter earnings performance on Tuesday, July 22. The company said it will hold an earnings call at 8:30 AM on the same day. While we acknowledge the potential of IPG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
6 days ago
- Business
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Omnicom (OMC) Dives on Dismal Q2 Earnings, Merger with Interpublic
We recently published . Omnicom Group Inc. (NYSE:OMC) is one of the worst-performing companies on Thursday. Omnicom Group dropped its share prices by 4.31 percent on Thursday to end at $70.86 apiece as investors unloaded portfolios following dismal earnings performance in the second quarter of the year. In its financial statement, Omnicom Group Inc. (NYSE:OMC) said net income during the period declined by 21.5 percent to $257.6 million from $328.1 million in the same period last year. Revenues, on the other hand, inched up by 4.2 percent to $4.015 billion from $3.853 billion year-on-year. On the same day, Omnicom Group Inc. (NYSE:OMC) and Interpublic Group of Companies Inc. (NYSE:IPG) announced securing the green light of Australia's anti-competition watchdog for their planned merger. A social media specialist crafting new ideas for healthcare marketing campaigns on a laptop. In a statement on Thursday, Interpublic Group of Companies Inc. (NYSE:IPG) announced that the Australian Competition and Consumer Commission (ACCC) has officially granted clearance for Omnicom Group Inc.'s (NYSE:OMC) to acquire IPG. The approval brings the total number of antitrust approvals to 14 out of the 18 required for closing. The companies said they remain on track to complete the transaction in the second half of 2025. While we acknowledge the potential of OMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
