OMC Stock Recent News

Organic growth across the Experiential, Advertising & Media, Public Relations, and Brand & Retail Commerce segments fuels OMC's third-quarter 2024 revenues.

Omnicom Group Inc. (NYSE:OMC ) Q3 2024 Earnings Conference Call October 15, 2024 4:30 PM ET Company Participants Gregory Lundberg - Senior Vice President, Investor Relations John Wren - Chairman and Chief Executive Officer Phil Angelastro - Executive Vice President and Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Cameron McVeigh - Morgan Stanley Steven Cahall - Wells Fargo Jason Bazinet - Citi Tim Nollen - Macquarie Craig Huber - Huber Research Partners Adam Berlin - UBS Operator Good afternoon, and welcome to the Omnicom Third Quarter 2024 Earnings Conference Call. Please note that this call is being recorded.

While the top- and bottom-line numbers for Omnicom (OMC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Omnicom (OMC) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $1.86 per share a year ago.

Omnicom Group beat Wall Street estimates for third-quarter profit and revenue on Tuesday, driven by strong growth in its advertising and media segment.

OMC's third-quarter 2024 earnings and revenues are likely to increase year over year.

NEW YORK , Oct. 8, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its third quarter 2024 results on Tuesday, October 15, 2024 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, October 15, 2024, starting at 4:30 p.m.

The OMC stock is benefiting from its internal development initiatives, which aid organic growth and the strategy to pay out consistent dividends.

Omnicom (OMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Omnicom Group Inc. is a global marketing giant with strong stock performance but faces rising debt, slow dividend growth, and market challenges. Despite a solid 17.04% compound growth and a 4.49% dividend yield, Omnicom's dividend growth lags the S&P 500. Investments in AI and strategic acquisitions like Flywheel boost capabilities but increase debt and interest costs, impacting short-term profitability.