Omnicom: Q3 EPS just above consensus
(CercleFinance.com) - Omnicom has published Q3 EPS of 1.
32 dollar, beating the consensus by just one cent.
Flat as reported, EPS rose by 6.5% y-o-y excluding non-recurrent items.
The New York based communications group improved its adjusted operating margin by 0.4 point to 13.1%, with revenues down 2.4% to 3.6 billion dollars as reported, albeit up 2.2% in organic terms.
Over the first nine months of 2019, Omnicom's EPS rose by 2.7% to 4.17 dollars, for revenues that are down 3.5% to about 10.8 billion dollars (organic growth of +2.5%).
Copyright (c) 2019 CercleFinance.com. All rights reserved.
32 dollar, beating the consensus by just one cent.
Flat as reported, EPS rose by 6.5% y-o-y excluding non-recurrent items.
The New York based communications group improved its adjusted operating margin by 0.4 point to 13.1%, with revenues down 2.4% to 3.6 billion dollars as reported, albeit up 2.2% in organic terms.
Over the first nine months of 2019, Omnicom's EPS rose by 2.7% to 4.17 dollars, for revenues that are down 3.5% to about 10.8 billion dollars (organic growth of +2.5%).
Copyright (c) 2019 CercleFinance.com. All rights reserved.