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Omnicom Group (OMC)
NYSE:OMC
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
2.41Last Year’s EPS
2.2Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 16, 2018
|% Change Since: -17.26%
|Next Earnings Date:Jul 17, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong organic growth and impressive new business wins, including Amazon's media business. Financial metrics showed positive trends with increased EPS and a solid EBITDA margin. Strategic initiatives like the formation of Omnicom Advertising Group and key acquisitions were also emphasized. However, challenges were noted in healthcare revenues and branding segments, with ongoing market uncertainties. Overall, the positive aspects significantly outweighed the challenges.Company Guidance
During the Omnicom Group's Q3 2024 earnings call, the company provided guidance indicating that they are on track to achieve the higher end of their full-year organic growth target of 4% to 5%. For the third quarter, Omnicom reported strong organic growth of 6.5%, with the U.S. market mirroring this growth rate. The non-GAAP adjusted EBITDA margin was reported at 16%, and the non-GAAP adjusted earnings per share increased by 5.7% to $2.03 compared to the previous year. The call highlighted strategic initiatives, including the formation of the Omnicom Advertising Group and the acquisition of LeapPoint by Omnicom Precision Marketing Group, as efforts to bolster future growth and integrate solutions across their agencies. Omnicom's financial health remains robust, with a strong balance sheet and liquidity to support dividends, acquisitions, and share repurchases. Despite market uncertainties, the company expressed confidence in maintaining a steady EBITDA margin for 2024 close to 2023 levels, while continuing to invest in AI and other technology platforms to drive future growth.Strong Organic Growth
Organic growth was very strong at 6.5% for the quarter, with the U.S. also growing at 6.5%.
Record New Business Wins
Omnicom Media Group won Amazon's media business in the Americas and Michelin Global Media business. Total new business wins were $5.3 billion.
Financial Performance and Earnings
Non-GAAP adjusted earnings per share was $2.03, up 5.7% from 2023. EBITDA margin was 16% for the quarter.
Omnicom Advertising Group Launch
Formation of Omnicom Advertising Group to align creative agencies globally, aiming to bolster brands with integrated solutions.
Strategic Acquisitions
Acquisition of LeapPoint to expand capabilities in digital content supply chain, part of strategic efforts to offer comprehensive content solutions.
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OMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 15, 2024 | $103.19 | $104.65 | +1.41% |
| Jul 16, 2024 | $93.95 | $90.18 | -4.01% |
| Apr 16, 2024 | $88.94 | $90.40 | +1.64% |
| Feb 06, 2024 | $86.36 | $83.76 | -3.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Omnicom Group (OMC) report earnings?
Omnicom Group (OMC) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Omnicom Group (OMC) earnings time?
Omnicom Group (OMC) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OMC EPS forecast?
OMC EPS forecast for the fiscal quarter 2024 (Q4) is 2.41.
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