Omnicom Group (NYSE:OMC) Issues Quarterly Earnings Results, Beats Estimates By $0.20 EPS

Share on StockTwits

Omnicom Group (NYSE:OMC) announced its earnings results on Monday. The business services provider reported $1.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.20, MarketWatch Earnings reports. Omnicom Group had a return on equity of 36.90% and a net margin of 7.10%. The firm had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.30 billion. During the same period in the previous year, the business earned $1.19 EPS. The firm’s revenue for the quarter was up .6% on a year-over-year basis.

Shares of Omnicom Group stock traded up $1.74 on Wednesday, hitting $80.60. The company’s stock had a trading volume of 119,410 shares, compared to its average volume of 1,959,308. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.88 and a current ratio of 0.98. Omnicom Group has a 1 year low of $44.50 and a 1 year high of $80.99. The firm has a fifty day moving average price of $76.43 and a 200-day moving average price of $64.39. The company has a market capitalization of $17.33 billion, a price-to-earnings ratio of 18.08, a price-to-earnings-growth ratio of 2.58 and a beta of 0.87.

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 8th. Investors of record on Wednesday, March 10th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.47%. The ex-dividend date of this dividend was Tuesday, March 9th. This is a positive change from Omnicom Group’s previous quarterly dividend of $0.65. Omnicom Group’s payout ratio is currently 46.20%.

Separately, Wells Fargo & Company boosted their target price on Omnicom Group from $75.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $66.00.

Omnicom Group Company Profile

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 company's 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.

Featured Story: Intrinsic Value and Stock Selection

Earnings History for Omnicom Group (NYSE:OMC)

Receive News & Ratings for Omnicom Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omnicom Group and related companies with's FREE daily email newsletter.