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Unveiling Interpublic (IPG) Q2 Outlook: Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that Interpublic Group (IPG - Free Report) will report quarterly earnings of $0.55 per share in its upcoming release, pointing to a year-over-year decline of 9.8%. It is anticipated that revenues will amount to $2.17 billion, exhibiting a decrease of 6.9% compared to the year-ago quarter.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Interpublic metrics that are routinely monitored and predicted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenue before billable expenses- International' of $783.40 million. The estimate suggests a change of -2.3% year over year.
The consensus estimate for 'Revenue before billable expenses- Domestic (United States)' stands at $1.41 billion. The estimate points to a change of -7.3% from the year-ago quarter.
It is projected by analysts that the 'Revenue before billable expenses- International- Asia Pacific' will reach $157.91 million. The estimate points to a change of -5.6% from the year-ago quarter.
Analysts forecast 'Revenue before billable expenses- International- Other' to reach $153.68 million. The estimate points to a change of +10.4% from the year-ago quarter.
Analysts predict that the 'Revenue before billable expenses- International- Continental Europe' will reach $191.77 million. The estimate suggests a change of -3.7% year over year.
According to the collective judgment of analysts, 'Revenue before billable expenses- International- United Kingdom' should come in at $186.80 million. The estimate indicates a year-over-year change of -3.6%.
Analysts' assessment points toward 'Revenue before billable expenses- International- Latin America' reaching $101.98 million. The estimate indicates a change of -0.2% from the prior-year quarter.
Interpublic shares have witnessed a change of +3.3% in the past month, in contrast to the Zacks S&P 500 composite's +5.4% move. With a Zacks Rank #2 (Buy), IPG is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Unveiling Interpublic (IPG) Q2 Outlook: Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Interpublic Group (IPG - Free Report) will report quarterly earnings of $0.55 per share in its upcoming release, pointing to a year-over-year decline of 9.8%. It is anticipated that revenues will amount to $2.17 billion, exhibiting a decrease of 6.9% compared to the year-ago quarter.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Interpublic metrics that are routinely monitored and predicted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenue before billable expenses- International' of $783.40 million. The estimate suggests a change of -2.3% year over year.
The consensus estimate for 'Revenue before billable expenses- Domestic (United States)' stands at $1.41 billion. The estimate points to a change of -7.3% from the year-ago quarter.
It is projected by analysts that the 'Revenue before billable expenses- International- Asia Pacific' will reach $157.91 million. The estimate points to a change of -5.6% from the year-ago quarter.
Analysts forecast 'Revenue before billable expenses- International- Other' to reach $153.68 million. The estimate points to a change of +10.4% from the year-ago quarter.
Analysts predict that the 'Revenue before billable expenses- International- Continental Europe' will reach $191.77 million. The estimate suggests a change of -3.7% year over year.
According to the collective judgment of analysts, 'Revenue before billable expenses- International- United Kingdom' should come in at $186.80 million. The estimate indicates a year-over-year change of -3.6%.
Analysts' assessment points toward 'Revenue before billable expenses- International- Latin America' reaching $101.98 million. The estimate indicates a change of -0.2% from the prior-year quarter.
View all Key Company Metrics for Interpublic here>>>Interpublic shares have witnessed a change of +3.3% in the past month, in contrast to the Zacks S&P 500 composite's +5.4% move. With a Zacks Rank #2 (Buy), IPG is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .