earnings
confidence high
sentiment positive
materiality 0.75
Omnicom reports Q1 organic revenue growth 5.2%; non-GAAP adjusted EPS $1.56, up 12.2% YoY
OMNICOM GROUP INC.
2023-Q1 EPS reported
$1.11
revenue$3,443,300,000
- Q1 revenue $3.44B, organic +5.2% vs prior year; non-GAAP adjusted op margin 13.5%.
- GAAP EPS $1.11 (+33.7% YoY); non-GAAP adj. EPS $1.56 (+12.2% YoY); shares down 2.5% to 204.5M.
- Recorded $119.2M pre-tax real estate repositioning charge; partnership with Microsoft for GPT AI integration.
- Free cash flow $428.9M vs $339.7M; $280M net share repurchases in Q1.
- Full-year organic growth guidance reaffirmed at 3%-5%.