earnings
confidence high
sentiment positive
materiality 0.75
Omnicom Q2 revenue $3.85B, organic growth 5.2%; adj EPS $1.95 up 4.8% YoY
OMNICOM GROUP INC.
2024-Q2 EPS reported
$3.24
revenue$7,484,300,000
- Revenue $3,853.8M (+6.8% YoY); organic growth 5.2% driven by Advertising & Media (+7.8%) and Experiential (+17.6%).
- Non-GAAP adjusted diluted EPS of $1.95 (+4.8% YoY); reported EPS $1.65.
- Adjusted EBITA of $589.6M, margin 15.3%; repositioning costs of $57.8M weighed on reported operating margin.
- YTD share repurchases $249.8M, dividends $278.9M; YTD organic growth 4.6% within annual guidance of 4-5%.
- Precision Marketing (+1.4%) includes Flywheel Digital acquisition; Branding & Retail Commerce declined 3.8%.