Interpublic Group of Companies (NYSE:IPG – Get Free Report) announced its quarterly earnings data on Wednesday. The business services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.02, Briefing.com reports. The business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Interpublic Group of Companies had a net margin of 9.97% and a return on equity of 29.70%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.74 earnings per share.
Interpublic Group of Companies Stock Up 3.3 %
Shares of IPG traded up $0.97 on Thursday, reaching $30.54. The company’s stock had a trading volume of 2,483,821 shares, compared to its average volume of 3,938,440. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.75. Interpublic Group of Companies has a twelve month low of $27.20 and a twelve month high of $35.24. The stock has a market capitalization of $11.53 billion, a PE ratio of 10.52, a PEG ratio of 3.18 and a beta of 1.12. The firm has a fifty day moving average of $30.02 and a 200-day moving average of $31.26.
Interpublic Group of Companies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Investors of record on Tuesday, June 4th were issued a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, June 4th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.32%. Interpublic Group of Companies’s dividend payout ratio is presently 46.98%.
Analyst Ratings Changes
Interpublic Group of Companies Company Profile
The Interpublic Group of Companies, Inc provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names.
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