Profile
Sector:
Communication ServicesIndustry:
Advertising AgenciesCountry:
United StatesIPO:
17 March 1980Website:
http://www.omnicomgroup.comNext earnings report:
06 February 2025Last dividends:
20 September 2024Next dividends:
N/APrice
after hours | 37 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
OMC Latest News
OMC's revenues for the third quarter of 2024 are driven by organic growth in the Experiential, Advertising & Media, Public Relations, and Brand & Retail Commerce sectors.
Omnicom Group Inc. (NYSE:OMC) will hold its Q3 2024 Earnings Conference Call on October 15, 2024, at 4:30 PM ET. The call will feature company leaders, including Gregory Lundberg, John Wren, and Phil Angelastro, along with participants from various financial institutions. Please be aware that this call is being recorded.
The financial results for Omnicom (OMC) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Omnicom (OMC) reported quarterly earnings of $2.03 per share, which is higher than the Zacks Consensus Estimate of $1.97 per share. This is an increase compared to earnings of $1.86 per share from the same period last year.
On Tuesday, Omnicom Group exceeded Wall Street's expectations for its profit and revenue in the third quarter, thanks to significant growth in its advertising and media division.
Omnicom reported a revenue of $3.9 billion, showing an organic growth of 6.5%. The net income reached $385.9 million, with diluted earnings per share at $1.95. The company also achieved a non-GAAP adjusted operating income of $600.1 million and an EBITA of $622.3 million, reflecting a 16.0% margin.
OMC is expected to see a rise in both earnings and revenues in the third quarter of 2024 compared to the same period last year.
In addition to looking at analysts' predictions for Omnicom's (OMC) revenue and profit, it's important to assess forecasts for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in September 2024.
On October 8, 2024, Omnicom (NYSE: OMC) announced that it will release its third quarter 2024 financial results on Tuesday, October 15, 2024, after the New York Stock Exchange closes. Additionally, the company will hold a conference call to discuss these results on the same day at 4:30 p.m.
On September 27, 2024, Omnicom (NYSE: OMC) revealed that its precision marketing division, Omnicom Precision Marketing Group (OPMG), has purchased LeapPoint. LeapPoint is a digital advisory company that assists organizations in enhancing the management and effectiveness of their complete marketing process.
What type of business is Omnicom?
Omnicom Group Inc. is a strategic holding company, founded in 1986, that provides clients with advertising, marketing, and corporate communication services through its networks and agencies worldwide. The company is headquartered in New York. Omnicom Group Inc. offers a wide range of services in advertising, customer relationship management, public relations, and healthcare. The company's services include advertising, branding, content marketing, corporate social responsibility consulting, data analytics, database management, marketing research, marketing and communication in healthcare, as well as sports and events marketing services.
What sector is Omnicom in?
Omnicom is in the Communication Services sector
What industry is Omnicom in?
Omnicom is in the Advertising Agencies industry
What country is Omnicom from?
Omnicom is headquartered in United States
When did Omnicom go public?
Omnicom initial public offering (IPO) was on 17 March 1980
What is Omnicom website?
https://www.omnicomgroup.com
Is Omnicom in the S&P 500?
Yes, Omnicom is included in the S&P 500 index
Is Omnicom in the NASDAQ 100?
No, Omnicom is not included in the NASDAQ 100 index
Is Omnicom in the Dow Jones?
No, Omnicom is not included in the Dow Jones index
When was Omnicom the previous earnings report?
No data
When does Omnicom earnings report?
The next expected earnings date for Omnicom is 06 February 2025