Yahoo Finance Interpublic Group of Companies First Quarter 2024 Earnings: EPS: US$0.29 (vs US$0.33 in 1Q 2023)
Interpublic Group of Companies (NYSE:IPG) First Quarter 2024 Results
Key Financial Results
Revenue: US$2.50b (up 15% from 1Q 2023).
Net income: US$110.4m (down 12% from 1Q 2023).
Profit margin: 4.4% (down from 5.8% in 1Q 2023). The decrease in margin was driven by higher expenses.
EPS: US$0.29 (down from US$0.33 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Interpublic Group of Companies Earnings Insights
Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Media industry in the US are expected to grow by 3.0%.
Performance of the American Media industry.
The company's shares are up 3.7% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Interpublic Group of Companies.
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