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Compared to Estimates, Omnicom (OMC) Q3 Earnings: A Look at Key Metrics
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Omnicom (OMC - Free Report) reported $3.88 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.5%. EPS of $2.03 for the same period compares to $1.86 a year ago.
The reported revenue represents a surprise of +2.32% over the Zacks Consensus Estimate of $3.79 billion. With the consensus EPS estimate being $1.97, the EPS surprise was +3.05%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Omnicom performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Organic Revenue Growth: 6.5% compared to the 5% average estimate based on three analysts.
Organic Revenue Growth - Precision Marketing: 0.8% versus the two-analyst average estimate of 5.8%.
Organic Revenue Growth - Experiential: 35.3% versus 8.5% estimated by two analysts on average.
Organic Revenue Growth by Geography - Asia Pacific: 10.9% versus the two-analyst average estimate of 4%.
Revenue by Geography- Asia Pacific: $484.80 million versus the two-analyst average estimate of $439.11 million. The reported number represents a year-over-year change of +13.5%.
Revenue by Geography- Middle East and Africa: $63.30 million versus the two-analyst average estimate of $64.85 million. The reported number represents a year-over-year change of +22.7%.
Revenue by Geography- Latin America: $99.70 million versus $104.55 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
Revenue- Execution & Support: $208.80 million versus the two-analyst average estimate of $207.78 million. The reported number represents a year-over-year change of +1.3%.
Revenue- Healthcare: $338.70 million versus $331.22 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
Revenue- Public Relations: $414.40 million versus the two-analyst average estimate of $417.82 million. The reported number represents a year-over-year change of +5.6%.
Revenue- Experiential: $177 million versus the two-analyst average estimate of $146.02 million. The reported number represents a year-over-year change of +32.8%.
Revenue- Advertising & Media: $2.08 billion versus $2.07 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change.
Shares of Omnicom have returned +2.2% over the past month versus the Zacks S&P 500 composite's +4.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Omnicom (OMC) Q3 Earnings: A Look at Key Metrics
Omnicom (OMC - Free Report) reported $3.88 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.5%. EPS of $2.03 for the same period compares to $1.86 a year ago.
The reported revenue represents a surprise of +2.32% over the Zacks Consensus Estimate of $3.79 billion. With the consensus EPS estimate being $1.97, the EPS surprise was +3.05%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Omnicom performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Organic Revenue Growth: 6.5% compared to the 5% average estimate based on three analysts.
- Organic Revenue Growth - Precision Marketing: 0.8% versus the two-analyst average estimate of 5.8%.
- Organic Revenue Growth - Experiential: 35.3% versus 8.5% estimated by two analysts on average.
- Organic Revenue Growth by Geography - Asia Pacific: 10.9% versus the two-analyst average estimate of 4%.
- Revenue by Geography- Asia Pacific: $484.80 million versus the two-analyst average estimate of $439.11 million. The reported number represents a year-over-year change of +13.5%.
- Revenue by Geography- Middle East and Africa: $63.30 million versus the two-analyst average estimate of $64.85 million. The reported number represents a year-over-year change of +22.7%.
- Revenue by Geography- Latin America: $99.70 million versus $104.55 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
- Revenue- Execution & Support: $208.80 million versus the two-analyst average estimate of $207.78 million. The reported number represents a year-over-year change of +1.3%.
- Revenue- Healthcare: $338.70 million versus $331.22 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
- Revenue- Public Relations: $414.40 million versus the two-analyst average estimate of $417.82 million. The reported number represents a year-over-year change of +5.6%.
- Revenue- Experiential: $177 million versus the two-analyst average estimate of $146.02 million. The reported number represents a year-over-year change of +32.8%.
- Revenue- Advertising & Media: $2.08 billion versus $2.07 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change.
View all Key Company Metrics for Omnicom here>>>Shares of Omnicom have returned +2.2% over the past month versus the Zacks S&P 500 composite's +4.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.