Omnicom Group Earnings Preview: Analysts Expect Higher EPS, Revenue

Omnicom Group (NYSE: OMC) announces its next round of earnings this Tuesday, October 18, 2011. Here's Benzinga's essential guide to Omnicom Group's third quarter earnings report.

Earnings and Revenue:

Analysts are looking ahead to a positive EPS of 70 cents/share and revenues of $3.31 billion. Omnicom Group's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 57 cents/share on revenues of $2.99 billion. Can Omnicom Group manage the estimated 22.8% rise in EPS and 10.7% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Tuesday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

As of October 12, 2011, Omnicom Group's current share price was $41.26. Shares are down 8.4% year to date. For a full 12 months, the return has risen by 14.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Omnicom Group is a Moderate Buy. This rating has remained steady over the past ninety days.

Competitors:

Want to check out the performance of Omnicom Group closest competitors? Take a look at some of the company's peers in the consumer discretionary sector.

• Focus Media Holding Limited (ADR (NASDAQ: FMCN): Moderate Buy with a $0.34 recent quarter EPS
• interCLICK (NASDAQ: ICLK): Moderate Buy with a $0.02 recent quarter EPS
• CHARM COMMUNICATIONS INC - AMERICAN DEPOSITARY SHARES REPRESENTING two CLASS A ORDINARY SHARES (CHRM): Strong Buy with a $0.26 recent quarter EPS

Omnicom Group is in the advertising/marketing services industry, which has experienced price/earnings growth of 9.9%.

Finally, a description of the company's main areas of operation: Omnicom Group provides professional, advertising, marketing, and corporate communications services.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

• To see up-to-date news on Omnicom Group, click here
• To see other trading ideas, click here
• To see other company earnings recaps, click here