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Advertising and marketing specialist Omnicom Group Inc. ( OMC ) on Tuesday posted first quarter earnings results that narrowly beat Wall Street's expectations.

The New York-based company reported first quarter net income of $200.1 million, or 72 cents per share, compared with $199.9 million, or 69 cents per share, in the year-ago period.

Revenue rose 5% from last year to $3.31 billion.

On average, Wall Street analysts expected a smaller profit of 68 cents per share, on lower revenue of $3.29 billion.

Omnicom Group shares were mostly flat in premarket trading Tuesday.

The Bottom Line
Shares of Omnicom Group ( OMC ) have a 2.44% dividend yield, based on last night's closing stock price of $49.19. The stock has technical support in the $44-$46 price area. If the stock can firm up, we see overhead resistance around the all-time high levels of $51-$52 a share.

Omnicom Group Inc. ( OMC ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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