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Interpublic Group of Cos. (IPG) Tops Q4 EPS by 6c

February 10, 2021 7:11 AM EST

Interpublic Group of Cos. (NYSE: IPG) reported Q4 EPS of $0.86, $0.06 better than the analyst estimate of $0.80. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.29 billion.

Fourth quarter organic net revenue decreases of 1.8% in the U.S. and 10.5% in International marketsFull year reported net revenue decrease of 6.5%, and organic net revenue decrease of 4.8%Full year adjusted EBITA before restructuring charges margin on net revenue of 13.5%Management continued a program of structural operating... More