Omnicom beats results estimates on ad market strength

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Explore stories from Atlantic Canada.

Grandpere’s love builds a Viking ship in West Pubnico | SaltWire - Omnicom beat Wall Street targets for third-quarter results on Tuesday as demand for its marketing services jumped ahead of the all-important holiday shopping season.

Omnicom's revenue grew nearly 4% to $3.58 billion in the quarter ended Sept. 30, compared with a consensus estimate of $3.55 billion from six analysts polled by LSEG. Omnicom, which competes with The Interpublic Group of Companies and UK's WPP, is one of the world's biggest integrated advertising and communications firms with more than 5,000 customers.The positive results come after tepid growth at the firm over recent years, amid a tight spending environment caused by high inflation and raised interest rates.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines