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Interpublic (IPG) to Report Q3 Earnings: What's in the Cards?

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The Interpublic Group of Companies, Inc. (IPG - Free Report) ) is scheduled to report third-quarter 2021 results on Oct 21, before the opening bell.

Let's check out how things have shaped up for the announcement.

What to Expect This Time Around?

Favorable impact of organic net revenues and foreign currency movements are likely to have aided Interpublic’s third-quarter 2021 revenues, the Zacks Consensus Estimate for which is pegged at $2.19 billion, indicating an increase of 12% from the year-ago quarter’s reported figure.

Rising expenses are likely to have weighed on the company’s bottom line. The Zacks Consensus Estimate for Interpublic’s earnings is pegged at 49 cents, indicating a decline of 7.8% 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. 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 #2.

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 third-quarter 2021 earnings.

Avis Budget (CAR - Free Report) has an Earnings ESP of +18.16% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

IQVIA Holdings(IQV - Free Report) has an Earnings ESP of +0.84% and a Zacks Rank #2.

S&P Global (SPGI - Free Report) has an Earnings ESP of +1.21% and a Zacks Rank #3.

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