Omnicom Group (OMC) Tops Q3 EPS by 3c

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

October 17, 2017 6:40 AM EDT

NEW YORK, Oct. 17, 2017 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that its diluted net income per common share for the third quarter of 2017 increased seven cents, or 6.6%, to $1.13 per share versus $1.06 per share for the third quarter of 2016. 

Omnicom's worldwide revenue in the third quarter of 2017 decreased 1.9% to $3,719.5 million from $3,791.1 million in the third quarter of 2016.  The components of the change in revenue included an increase in revenue from the positive foreign exchange rate impact of 1.0%, a decrease in acquisition revenue, net of disposition revenue of 5.7% and... More