Argus Upgrades Omnicom Group (OMC) to Buy

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Go back to Argus Upgrades Omnicom Group (OMC) to Buy

Omnicom Group Reports Second Quarter and Year-to-Date 2015 Results

July 21, 2015 7:00 AM EDT

NEW YORK, July 21, 2015 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that its diluted net income per common share for the second quarter increased three cents, or 2.4%, to $1.26 per share versus $1.23 per share for the second quarter of 2014. 

Omnicom's worldwide revenue in the second quarter of 2015 decreased 1.7% to $3,805.3 million from $3,870.9 million in the second quarter of 2014.  The components of the change in revenue included an increase in revenue from organic growth of 5.3%, an increase in revenue from acquisitions, net of dispositions of 0.1% and a decrease in revenue from... More