Interpublic (IPG) reported earnings on Fri 19 Oct 18 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Interpublic beats by $0.02, reports revs in-line; reaffirms outlook 

• Reports Q3 (Sep) earnings of $0.48 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $0.46; revenues rose 3.5% year/year to $1.9 bln vs the $1.88 bln S&P Capital IQ Consensus. organic net revenue increase of 5.4%; U.S. organic net revenue growth of 5.0%; International organic net revenue growth of 6.0%.
• Company reaffirms full year target for organic net revenue growth in range of 4.0% to 4.5%, and target of 60 to 70 basis points of margin expansion