Omnicom Group Inc. (NYSE:OMC) is set to announce second quarter earning results on Tuesday 28th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, OMC to report 2Q20 income of $ 0.92 per share.
For the full year, analysts anticipate top line of $ 13254.30 million, while looking forward to income of $ 4.56 per share bottom line.
Previous Quarter Performance
Omnicom Group Inc. unveiled income for the first quarter of $ 1.19 per share, from the revenue of $ 3,407.00 million. According to street consensus, OMC was expected to report 1Q20 income of $ 1.14 per share from revenue of $ 3,360.00 million. The bottom line results beat street analysts by $ 0.05 or 4.39 percent, at the same time, top line results outshined analysts by $ 47.00 million or 1.40 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of OMC was $ 57.01, representing a 22.95 % increase from the 52 week low of $ 46.37 and a 31.09 % decrease over the 52 week high of $ 82.73.
The company has a market capital of $ 12.22 billion and is part of the Consumer Cyclical sector and Advertising Agencies industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.65 per share on May 28, 2020. The dividend were payable on July 10, 2020 to holders of record as of the close of business on June 12, 2020 and ex-dividend date on June 11, 2020.
Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising, customer relationship management, public relations, and healthcare. The companys services include advertising, branding, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, digital/direct marketing, digital transformation, entertainment marketing, experiential marketing, field marketing, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare marketing and communications, and in-store design services.
