Founded in 1902 and based in New York City, The Interpublic Group of Companies, Inc. (IPG) is a global powerhouse in marketing and advertising solutions. With a market cap of $8.8 billion, IPG leverages data-driven strategies to deliver innovative advertising, media, and communications services to brands worldwide. The company is slated to report its first-quarter earnings on Wednesday, April 23.
Ahead of this event, analysts project Interpublic Group to report a profit of $0.30 per share, down 16.7% from $0.36 per share in the year-ago quarter. The company has matched Wall Street’s EPS estimates in three of the last four quarters and missed on another occasion. In Q4, the company reported an EPS of $1.11, which missed the consensus estimate by 3.5%.
