Interpublic Announces Second Quarter and First Half 2021 Results
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Interpublic Group (IPG) PT Raised to $41 at Macquarie
July 22, 2021 7:00 AM EDTMacquarie analyst Timothy Nollen raised the price target on Interpublic Group (NYSE: IPG) to $41.00 (from $37.00) while maintaining a Outperform rating. The analyst commented:
IPG reported 19.8% organic rev growth in Q2, its fastest quarterly growth ever, and nearly doubled our adj. EPS... MoreInterpublic Group (IPG) PT Raised to $38 at BMO Capital
July 22, 2021 6:58 AM EDTBMO Capital analyst Daniel Salmon raised the price target on Interpublic Group (NYSE: IPG) to $38.00 (from $34.00) while maintaining a Market Perform rating.
The analyst commented, "With 2021 organic growth guidance raised to 9-10% vs. 2020's -4.8%, IPG's performance is not about easy comps,... More
Interpublic Group of Cos. (IPG) Tops Q2 EPS by 28c
July 21, 2021 7:02 AM EDTInterpublic Group of Cos. (NYSE: IPG) reported Q2 EPS of $0.70, $0.28 better than the analyst estimate of $0.42. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.08 billion.
Philippe Krakowsky, CEO of IPG:
Our performance this quarter is highlighted by very strong revenue growth across agencies, disciplines and world regions, and by outstanding margin performance. These results represent a remarkable rebound from the impact of the pandemic on our business, demonstrating the resilience of our people, as well... More
