IPG Announces Full Year and Fourth Quarter 2019 Results
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Interpublic Group of Cos. (IPG) Tops Q4 EPS by 1c, Revenues Beat
February 12, 2020 7:09 AM ESTInterpublic Group of Cos. (NYSE: IPG) reported Q4 EPS of $0.84, $0.01 better than the analyst estimate of $0.83. Revenue for the quarter came in at $2.43 billion versus the consensus estimate of $2.41 billion.
Q4 2019 net revenue was $2.43 billion, with organic net revenue growth of 2.9%, comprised of 2.1% in the U.S. and 4.1% in international marketsFY19 net revenue grew 7.4%, with organic net revenue growth of 3.3%FY19 net income was $656.0 million compared to $618.9 million in 2018, and adjusted EBITA was $1.20 billion compared with $1.08 billion in 2018Adjusted EBITA margin expanded to 14.0% for FY19, an increase of... More