earnings
confidence high
sentiment positive
materiality 0.75
Omnicom Q1 revenue $3.63B (+5.4%), organic growth 4.0%, EPS $1.59 (adj. $1.67)
OMNICOM GROUP INC.
2024-Q1 EPS reported
$1.59
revenue$3,630,500,000
- Revenue $3.63B, up 5.4% YoY; organic growth 4.0% driven by Advertising & Media (+7.0%) and Precision Marketing (+4.3%).
- Diluted EPS $1.59 vs $1.11 prior year; Non-GAAP adjusted diluted EPS $1.67, up 3.7% from $1.61.
- Operating income $478.9M, margin 13.2%; adjusted EBITA margin 13.8% vs 14.0% prior year (excluding $119.2M real estate costs in Q1 2023).
- Flywheel Digital acquisition closed; added $845M debt; $180.1M share repurchases and $138.8M dividends in Q1.