Omnicom Earnings Increase 10.8%
17 July 2018 - 9:58PM
Dow Jones News
By Nishant Mohan
Omnicom Group Inc.(OMC) reported before the market opened
Tuesday second-quarter earnings of $364 million, up 10.8% from a
year earlier.
At $1.60 a share, the marketing company's earnings beat the
$1.54 predicted by analysts polled by FactSet.
Omnicom's revenue grew 1.8% over last year to $3.86 billion in
the quarter.
Omnicom said its saw the greatest organic growth in the second
quarter in its European markets at 11.2%.
Omnicom shares were unchanged in premarket trading. The stock is
up 7.24% so far this year.
Write to Nishant Mohan at nishant.mohan@wsj.com
(END) Dow Jones Newswires
July 17, 2018 07:43 ET (11:43 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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