The Interpublic Group of Companies, Inc. (IPG - Free Report) is scheduled to report third-quarter 2020 results on Oct 21, before the opening bell.
What to Expect This Time Around
Unfavorable impact of foreign-currency movements, organic growth and dispositions are likely to have weighed on Interpublic’s third-quarter 2020 revenues, the Zacks Consensus Estimate for which is pegged at $1.89 billion, indicating a decrease of 22.4% from the year-ago quarter’s reported figure.
Decline in operating margins is likely to have weighed on the bottom line. The Zacks Consensus Estimate for earnings is pegged at 36 cents, indicating a massive decline of 26.5% from the year-ago reported figure.
What Our Model Says
Our proven model predicts an earnings beat for Interpublic this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. 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 +4.23% and a Zacks Rank #2.
Interpublic Group of Companies, Inc. The Price and EPS Surprise
Other Stocks to Consider
Here are a few other stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these too have the right combination of elements to beat on third-quarter 2020 earnings.
CoreLogic has an Earnings ESP of +7.12% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Aptiv (APTV - Free Report) has an Earnings ESP of +13.14% and a Zacks Rank #3.
Waste Connections (WCN - Free Report) has an Earnings ESP of +0.32% and a Zacks Rank #3.
Zacks’ Single Best Pick to Double
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With users in 180 countries and soaring revenues, it’s set to thrive on remote working long after the pandemic ends. No wonder it recently offered a stunning $600 million stock buy-back plan.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The Interpublic Group of Companies, Inc. (IPG - Free Report) is scheduled to report third-quarter 2020 results on Oct 21, before the opening bell.
What to Expect This Time Around
Unfavorable impact of foreign-currency movements, organic growth and dispositions are likely to have weighed on Interpublic’s third-quarter 2020 revenues, the Zacks Consensus Estimate for which is pegged at $1.89 billion, indicating a decrease of 22.4% from the year-ago quarter’s reported figure.
Decline in operating margins is likely to have weighed on the bottom line. The Zacks Consensus Estimate for earnings is pegged at 36 cents, indicating a massive decline of 26.5% from the year-ago reported figure.
What Our Model Says
Our proven model predicts an earnings beat for Interpublic this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. 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 +4.23% and a Zacks Rank #2.
Interpublic Group of Companies, Inc. The Price and EPS Surprise
Other Stocks to Consider
Here are a few other stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these too have the right combination of elements to beat on third-quarter 2020 earnings.
CoreLogic has an Earnings ESP of +7.12% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Aptiv (APTV - Free Report) has an Earnings ESP of +13.14% and a Zacks Rank #3.
Waste Connections (WCN - Free Report) has an Earnings ESP of +0.32% and a Zacks Rank #3.
Zacks’ Single Best Pick to Double
From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
With users in 180 countries and soaring revenues, it’s set to thrive on remote working long after the pandemic ends. No wonder it recently offered a stunning $600 million stock buy-back plan.
The sky’s the limit for this emerging tech giant. And the earlier you get in, the greater your potential gain.
Click Here, See It Free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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