Interpublic Announces Second Quarter and First Half 2019 Results
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Interpublic Group of Cos. (IPG) Tops Q2 EPS by 2c
July 23, 2019 7:02 AM EDTInterpublic Group of Cos. (NYSE: IPG) reported Q2 EPS of $0.46, $0.02 better than the analyst estimate of $0.44. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.14 billion.
Second quarter net revenue increase of 9.1% and organic net revenue increase of 3.0%First half net revenue increase of 11.0%; organic net revenue increase was 4.6%Second quarter operating income increase of 6.0% to $264.2 million and EBITA increase of 12.2% to $285.5 millionSecond quarter operating margin on net revenue of 12.4%; EBITA margin of 13.4%Second quarter diluted earnings per share of... More