OMC Stock Recent News

OMC growth is inflecting back to mid-single digits with positive margin trends. Catalysts like the US election, the Olympics, and CTV advertising can drive near-term growth. Gen-AI tools for personalized advertising at scale can enhance OMC's competitive position and attract more clients.

Explore how Omnicom's (OMC) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

New Report Reveals OMG Is #1 For Growth in EMEA and LATAM, Leads the Industry in Digital Spend OMD remains #1 in North America, Hearts & Science leads in global growth NEW YORK , July 22, 2024 /PRNewswire/ -- A new report from leading independent and international research company COMvergence reveals Omnicom Media Group (OMG) agencies outperformed the marketplace for billings growth across all four regions, powered by 2023 wins that included Beiersdorf, Grupo Bimbo, Jaguar Land Rover, Uber, Under Armour, Vans, and Virgin Voyages. Released yesterday, the 2023 Global & Regional Rankings shows OMG as the number #1 global media group for absolute growth (total billings added) in LATAM and for relative growth (YOY growth rate) in EMEA.

NEW YORK , July 18, 2024 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock. The dividend is payable on October 11, 2024 to Omnicom common shareholders of record at the close of business on September 20, 2024.

Omnicom's (OMC) second-quarter 2024 earnings and revenues increased y/y.

ST. LOUIS , July 17, 2024 /PRNewswire/ -- The Better World Campaign (BWC), a sister organization to the United Nations Foundation, has appointed FleishmanHillard as the communications agency to provide strategic communications and public affairs support, reinforcing the importance of the U.N. goals, work and impact in the United States.

Although the revenue and EPS for Omnicom (OMC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Omnicom Group Inc. (NYSE:OMC ) Q2 2024 Earnings Conference Call July 16, 2024 4:30 PM ET Company Participants Gregory Lundberg - SVP, IR John Wren - Chairman and CEO Philip Angelastro - EVP and CFO Conference Call Participants Cameron McVeigh - Morgan Stanley David Karnovsky - JPMorgan Adam Berlin - UBS Steven Cahall - Wells Fargo Michael Nathanson - MoffettNathanson Jason Bazinet - Citigroup Tim Nollen - Macquarie Group Craig Huber - Huber Research Partners Adrien de Saint Hilaire - Bank of America Operator Good afternoon and welcome to the Omnicom Second Quarter 2024 Earnings Release Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.

Omnicom (OMC) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.81 per share a year ago.

Revenue of $3.9 billion, with organic growth of 5.2% Net income of $328.1 million Diluted earnings per share of $1.65; $1.95 Non-GAAP adjusted Non-GAAP adjusted EBITA of $589.6 million and 15.3% margin NEW YORK , July 16, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2024. "Our 5.2% organic growth in the second quarter drove solid growth in adjusted EBITA & EPS, with good performance in our larger markets and disciplines," said John Wren, Chairman and Chief Executive Officer of Omnicom.