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Interpublic Group reports Q2 adjusted EPS 75c, consensus 57c

Reports Q2 revenue $2.54B vs $2.71B last year. Philippe Krakowsky, CEO of Interpublic: “Organic revenue was in line with expectations, reflecting the impact of account activity in 2024. Underlying growth in the quarter showed sequential improvement against those headwinds, with strong performance at our media and healthcare practice areas. We also saw growth in our sports marketing and public relations disciplines. Our adjusted Q2 margin was very strong due to significant progress on our program of strategic transformation, as well as the benefit of improving operating performance at our two largest units.”

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