Recap: Omnicom Group Q2 Earnings

Shares of Omnicom Group OMC fell 6.8% after the company reported Q2 results.

Quarterly Results

Earnings per share were down 45.24% over the past year to $0.92, which were in line with the estimate of $0.92.

Revenue of $2,801,000,000 declined by 24.70% from the same period last year, which missed the estimate of $3,090,000,000.

Guidance

Omnicom Group hasn't issued any earnings guidance for the time being.

Omnicom Group hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 28, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestor.omnicomgroup.com%2Finvestor-relations%2Fnews-events-and-filings%2Fdefault.aspx&eventid=2402701&sessionid=1&key=DEB11020AE8A5F908BC090DA704465B9&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $82.73

52-week low: $46.37

Price action over last quarter: down 7.15%

Company Description

Omnicom is the world's second- largest ad holding company, based on annual revenue. The American firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 85% of its revenue coming from more developed regions such as North America and Europe.