Earnings Preview: Interpublic Gr of Cos
Portfolio Pulse from Benzinga Insights
Interpublic Gr of Cos (NYSE:IPG) is scheduled to release its quarterly earnings report on February 8, 2024. Analysts predict an EPS of $1.13. The company's past earnings performance shows mixed results with both misses and beats in previous quarters. Shares are currently trading at $32.99, reflecting a 12.86% decline over the last year. Investors are keenly awaiting the report, especially the company's guidance for future quarters, which could significantly impact the stock price.
February 07, 2024 | 6:00 pm
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NEUTRAL IMPACT
Interpublic Gr of Cos is expected to report an EPS of $1.13 for the upcoming quarter. Historical performance shows variability in meeting EPS estimates, which has led to fluctuations in stock price. Currently, the stock is down 12.86% over the past year, indicating investor concern.
Given IPG's mixed past earnings performance and the current downward trend in its stock price, the upcoming earnings report and particularly the future guidance provided by the company will be crucial for short-term stock movement. However, the impact is considered neutral until the actual figures and guidance are released, as both positive and negative outcomes are possible.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100