Shares of Interpublic Group of Companies IPG rose 1.6% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were up 8.16% year over year to $0.53, which beat the estimate of $0.33.
Revenue of $2,126,000,000 decreased by 12.80% from the same period last year, which beat the estimate of $1,870,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Oct 21, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/tdxjd5zm
Recent Stock Performance
Company's 52-week high was at $25.20
52-week low: $11.63
Price action over last quarter: down 2.23%
Company Description
Interpublic Group is the world's fourth- largest ad holding company, based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 75% of its revenue from developed regions such as the United States and Europe.
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