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Earnings Outlook For Interpublic Gr of Cos

Interpublic Gr of Cos (NYSE:IPG) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

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

Investors in Interpublic Gr of Cos are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.02, leading to a 2.33% increase in the share price the following trading session.

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%

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.

Insights Shared by Analysts on Interpublic Gr of Cos

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