Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Interpublic Group of Companies, Inc. (The) (IPG) - free report >>
Waste Management, Inc. (WM) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Interpublic Group of Companies, Inc. (The) (IPG) - free report >>
Waste Management, Inc. (WM) - free report >>
Image: Bigstock
Interpublic (IPG) to Report Q2 Earnings: What's in Store?
The Interpublic Group of Companies, Inc. (IPG - Free Report) is scheduled to report second-quarter 2020 results on Jul 29, before the opening bell.
Let's check out how things have shaped up for the announcement.
What to Expect This Time Around
Unfavorable impact of foreign currency movements is likely to have partially offset the positive impact of organic growth. This may have impacted Interpublic’s second-quarter 2020 revenues, the Zacks Consensus Estimate for which is pegged at $1.74 billion, indicating a decrease of 30.8% 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 20 cents, indicating a massive decline of 56.5% from the year-ago reported figure.
What Our Model Says
Our proven model does not conclusively predict 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. But that’s not the case here. 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 #4 (Sell).
Interpublic Group of Companies, Inc. The Price and EPS Surprise
Interpublic Group of Companies, Inc. The price-eps-surprise | Interpublic Group of Companies, Inc. The Quote
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 second-quarter 2020 earnings.
Waste Management (WM - Free Report) has an Earnings ESP of +7.67% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Aptiv (APTV - Free Report) has an Earnings ESP of +7.14% and a Zacks Rank #3.
Waste Connections (WCN - Free Report) has an Earnings ESP of +7.04% 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 >>