Earnings Preview: Omnicom Group
Portfolio Pulse from Benzinga Insights
Omnicom Group (NYSE:OMC) is set to release its quarterly earnings report on Tuesday, 2023-10-17. Analysts estimate an earnings per share (EPS) of $1.85. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $74.55 as of October 13, with a 52-week return of 8.96%.
October 16, 2023 | 3:00 pm
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Omnicom Group is expected to report an EPS of $1.85 in its upcoming earnings. The company's stock has historically dropped following earnings beats. The stock is currently trading at $74.55.
Omnicom Group's stock has shown a trend of dropping following earnings beats. Given that analysts predict an EPS of $1.85, if the company beats this estimate, it could potentially lead to a drop in the stock price based on past trends. The stock is currently trading at $74.55, and has a 52-week return of 8.96%, indicating a generally positive long-term performance.
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IMPORTANCE 80
RELEVANCE 100