Back to top

Image: Bigstock

Interpublic (IPG) to Report Q1 Earnings: What's in Store?

Read MoreHide Full Article

The Interpublic Group of Companies, Inc. (IPG - Free Report) is scheduled to report first-quarter 2019 results on Apr 26, before the opening bell.

So far this year, shares of Interpublic have gained 8.9% compared with 10.2% rise of the industry it belongs to and 15.4% rise of the Zacks S&P 500 Composite.

 

Let's check out how things are shaping up for the announcement.

What to Expect This Time

The Zacks Consensus Estimate for first-quarter 2019 revenues stands at $1.96 billion, indicating growth of 10.3% from the year-ago reported figure. The top line is expected to benefit from the positive impact of organic growth and acquisitions.

Organic growth in the United States is expected to be driven by strength across media, advertising, public relations and digital specialist agencies. Solid revenues from Latin America, UK, Asia Pacific, Continental Europe, Canada and the Middle East are likely to drive organic growth in international markets.

In fourth-quarter 2018, net revenues of $2.41 billion improved 13.3% year over year, which included organic revenue growth of 7.1% and positive impact of 7.8% from acquisitions. The company witnessed organic net revenue growth of 6.3% in the United States and 8% in international markets.

The Zacks Consensus Estimate for earnings per share (EPS) in the to-be-reported quarter is pegged at 6 cents, indicating growth of 100% from the year-ago reported figure. In fourth-quarter 2018, adjusted earnings of 89 cents per share increased 39.1% year over year.

What Our Model Says

Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially when the company is seeing negative estimate revisions. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .

Interpublic has an Earnings ESP of 0.00% and a Zacks Rank #1, a combination that makes surprise prediction difficult.

Interpublic Group of Companies, Inc. (The) Price and EPS Surprise

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings in first-quarter 2019:

SailPoint Technologies has an Earnings ESP of +100.00% and a Zacks Rank #1. The company is scheduled to report results on May 8. You can see the complete list of today’s Zacks #1 Rank stocks here.

EVERTEC (EVTC - Free Report) has an Earnings ESP of +2.74% and a Zacks Rank #3. The company is slated to release results on May 1.

Global Payments (GPN - Free Report) has an Earnings ESP of +0.15% and a Zacks Rank #3. The company is scheduled to report results on May 2.

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.

See 7 breakthrough stocks now>>

Published in