Results: The Interpublic Group of Companies, Inc. Exceeded Expectations and Consensus Raised Its Estimates.
Investors in The Interpublic Group of Companies, Inc. (NYSE: IPG) had a good week, as its shares rose 4.5% to close at US$30.98 after the release of quarterly results. Revenues were US$2.3b, roughly in line with expectations, although statutory earnings per share (EPS) performed well. EPS of US$0.57 was also better than expected, beating analyst … Read more