A Glimpse of Interpublic Gr of Cos's Earnings Potential

Interpublic Gr of Cos (NYSE:IPG) is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.

Analysts estimate that Interpublic Gr of Cos will report an earnings per share (EPS) of $0.70.

Interpublic Gr of Cos bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

The company's EPS beat by $0.02 in the last quarter, leading to a 2.33% increase in the share price on the following day.

Here's a look at Interpublic Gr of Cos's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.59

0.35

1.13

0.73

EPS Actual

0.61

0.36

1.18

0.70

Price Change %

2.0%

-1.0%

-3.0%

-3.0%

Tracking Interpublic Gr of Cos's Stock Performance

Shares of Interpublic Gr of Cos were trading at $32.03 as of October 18. Over the last 52-week period, shares are up 14.66%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Interpublic Gr of Cos

For investors, grasping market sentiments and expectations ...