Omnicom Group (OMC) Tops Q1 EPS by 8c

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Omnicom Group Reports First Quarter 2019 Results

April 16, 2019 6:45 AM EDT

NEW YORK, April 16, 2019 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that its diluted net income per common share for the first quarter of 2019 increased three cents, or 2.6%, to $1.17 per share versus $1.14 per share for the first quarter of 2018. Net income for the first quarter of 2019 decreased $0.9 million, or 0.3%, to $263.2 million from $264.1 million in the first quarter of 2018. In the first quarter of 2018, income tax expense decreased, primarily as a result of the successful resolution of foreign tax claims, which resulted in a net increase to net... More