Interpublic Gr of Cos Q2 EPS $0.74 Beats $0.60 Estimate, Sales $2.67B Beat $2.39B Estimate
Portfolio Pulse from Benzinga Newsdesk
Interpublic Gr of Cos (NYSE:IPG) reported Q2 earnings of $0.74 per share, beating the analyst consensus estimate of $0.60 by 23.33%. This is a 17.46% increase from the same period last year. The company also reported quarterly sales of $2.67 billion, beating the analyst consensus estimate of $2.39 billion by 11.72%, a 12.37% increase from the same period last year.
July 21, 2023 | 11:01 am
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POSITIVE IMPACT
Interpublic Gr of Cos reported Q2 earnings and sales that beat estimates. This could lead to a positive short-term impact on the company's stock.
Interpublic Gr of Cos reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100