Omnicom Group (OMC) Tops Q2 EPS by 2c

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Omnicom Group Reports Second Quarter and Year-to-Date 2017 Results

July 20, 2017 6:40 AM EDT

NEW YORK, July 20, 2017 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that its diluted net income per common share for the second quarter of 2017 increased four cents, or 2.9%, to $1.40 per share versus $1.36 per share for the second quarter of 2016. 

Omnicom's worldwide revenue in the second quarter of 2017 decreased 2.4% to $3,790.1 million from $3,884.9 million in the second quarter of 2016.  The components of the change in revenue included a decrease in revenue from the negative foreign exchange rate impact of 1.5%, a decrease in acquisition revenue, net of disposition revenue of 4.4% and... More