The Interpublic Group of Companies, Inc. IPG reported fourth-quarter 2018 (ended Dec 31, 2018) earnings per share of 89 cents beating the Zacks Consensus Estimate of 81. Earnings also increased on a year-over-year basis.
How Was the Estimate Revision Trend?
Investors should note that the Zacks Consensus Estimate for Interpublic's fourth-quarter 2018 earnings remained stable over the last 90 days.
The company has a decen t earnings history having outperformed the Zacks Consensus Estimate in two of the last four quarters with an average miss of 4.5%.
Revenues Better Than Expected
Interpublic recorded revenues of $2,413.7 million which outperformed the Zacks Consensus Estimate of $2,323 million.
Key Stats to Note : Interpublic reported organic net revenue growth of 7.1% in fourth-quarter 2018. The company experienced an organic growth of 6.3% in the United States and 8% in the international markets in the reported quarter.
Zacks Rank : Currently, Interpublic has a Zacks Rank #3 (Hold) but that could change following the company's earnings report which was just released.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Interpublic Group of Companies, Inc. (The) Price and EPS Surprise
Interpublic Group of Companies, Inc. (The) Price and EPS Surprise | Interpublic Group of Companies, Inc. (The) Quote
Check back later for our full write up on this Interpublic earnings report later!
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interpublic Group of Companies, Inc. (The) (IPG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research