Omnicom (OMC) reported $3.63 billion in income for the quarter ended March 2024, representing a year-over-year improve of 5.4%. EPS of $1.67 for a similar interval compares to $1.56 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $3.58 billion, representing a shock of +1.55%. The corporate delivered an EPS shock of +9.87%, with the consensus EPS estimate being $1.52.
Whereas buyers intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s value efficiency extra precisely.
Right here is how Omnicom carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Complete Natural Income Development: 4% in comparison with the three.2% common estimate primarily based on three analysts.
- Natural Income Development – Healthcare: 2.1% versus the two-analyst common estimate of three.4%.
- Natural Income Development – Commerce & Branding: -3.8% in comparison with the 1.3% common estimate primarily based on two analysts.
- Natural Income Development – Experiential: 9.5% in comparison with the three.6% common estimate primarily based on two analysts.
- Income by Geography- Asia Pacific: $407.70 million in comparison with the $416.04 million common estimate primarily based on two analysts. The reported quantity represents a change of +0.5% 12 months over 12 months.
- Income by Geography- North America: $2.04 billion versus the two-analyst common estimate of $1.96 billion. The reported quantity represents a year-over-year change of +5.9%.
- Income by Geography- Center East and Africa: $79.60 million in comparison with the $80.03 million common estimate primarily based on two analysts. The reported quantity represents a change of -6.2% 12 months over 12 months.
- Income by Geography- Europe: $1.01 billion versus $987.24 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +5.7% change.
- Income- Promoting & Media: $1.91 billion versus the three-analyst common estimate of $1.89 billion. The reported quantity represents a year-over-year change of +7.3%.
- Income- Execution & Assist: $211.50 million in comparison with the $252.99 million common estimate primarily based on two analysts. The reported quantity represents a change of -17.2% 12 months over 12 months.
- Income- Healthcare: $323.60 million in comparison with the $311.61 million common estimate primarily based on two analysts. The reported quantity represents a change of +1.6% 12 months over 12 months.
- Income- Public Relations: $390.30 million in comparison with the $378.31 million common estimate primarily based on two analysts. The reported quantity represents a change of +3.9% 12 months over 12 months.
View all Key Company Metrics for Omnicom here>>>
Shares of Omnicom have returned -2.4% over the previous month versus the Zacks S&P 500 composite’s -0.9% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
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