Interpublic Group of Companies (NYSE:IPG – Get Free Report) posted its quarterly earnings results on Tuesday. The business services provider reported $0.70 EPS for the quarter, hitting analysts’ consensus estimates of $0.70, RTT News reports. Interpublic Group of Companies had a net margin of 9.46% and a return on equity of 27.98%. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.30 billion. During the same period last year, the company posted $0.70 earnings per share. The business’s quarterly revenue was down 2.9% on a year-over-year basis.
Interpublic Group of Companies Trading Up 0.6 %
Shares of Interpublic Group of Companies stock traded up $0.19 during trading on Friday, reaching $30.08. The company’s stock had a trading volume of 434,313 shares, compared to its average volume of 3,928,833. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.75. The company has a market cap of $11.35 billion, a price-to-earnings ratio of 10.64, a PEG ratio of 5.18 and a beta of 1.09. The firm’s 50-day moving average is $31.36 and its two-hundred day moving average is $30.74. Interpublic Group of Companies has a 52-week low of $27.54 and a 52-week high of $35.17.
Interpublic Group of Companies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd were given a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.32 annualized dividend and a yield of 4.39%. Interpublic Group of Companies’s dividend payout ratio (DPR) is presently 46.98%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on IPG
About Interpublic Group of Companies
The Interpublic Group of Companies, Inc provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names.
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