Omnicom Group Inc. (OMC) - NYSE
  • Thu, Jul. 14, 12:08 PM
    • Ad giant Omnicom Group (NYSE:OMC) is off 1.6% after a revenue miss in its Q2 earnings report.
    • Net income rose 7.9% to $1.36/share, though, and organic revenue growth outpaced a negative impact from foreign exchange rates. EBITA rose 4.3% to $590.3M, and EBITA margin (compared to total revenue) rose to 15.2% from a year-ago 14.9%.
    • Organic revenue by discipline: Advertising, +7.7%; Public relations, +0.1%; Specialty Communications, +4.4%; CRM, -2.7%.
    • Organic revenue growth in regions: North America, 3.2%; United Kingdom, 3.3%; Euro Markets and Other Europe, 4.3%; Asia Pacific, 4.5%; Latin America, 1.7%; Middle East and Africa, -1.2%.
    • Conference call link
    • Press Release
    | Thu, Jul. 14, 12:08 PM
  • Thu, Jul. 14, 6:48 AM
    • Omnicom (NYSE:OMC): Q2 EPS of $1.36 beats by $0.03.
    • Revenue of $3.88B (+1.8% Y/Y) misses by $30M.
    • Press Release
    | Thu, Jul. 14, 6:48 AM
  • Wed, Jul. 13, 5:30 PM
    | Wed, Jul. 13, 5:30 PM | 3 Comments
  • Tue, Apr. 19, 2:18 PM
    • Amid mixed trading today, Omnicom (NYSE:OMC) is now off 0.8% following an earnings report where it beat earnings expectations showing growth in key markets.
    • Revenue that grew 0.9% overall rose fastest in Asia Pacific (5.1% organically) and North America (4.5%), alongside 2.2% growth in the UK, 3% in Euro/Other Europe, and 1.7% in Africa and Middle East. Meanwhile, Latin American revenue slid 7.8%.
    • Revenue growth by discipline: Advertising +7.9%; CRM -0.7%; public relations -0.9%; specialty communications +2.2%.
    • It's also made some changes to keep its board fresh, adopting a mandatory retirement age of 75 -- meaning that when it becomes effective at the end of 2017, five of the current independent directors as well as Chairman Bruce Crawford will leave the board by the 2018 meeting.
    • Also in line with that retirement age policy, two other longtime directors are stepping down in time for this year's meeting. After the 2016 meeting, the board is expected to have 12 members (10 independent).
    • Press Release
    • Now read Omnicom: Consider This Advertising Behemoth For Your Dividend Portfolio »
    | Tue, Apr. 19, 2:18 PM
  • Tue, Apr. 19, 6:46 AM
    • Omnicom (NYSE:OMC): Q1 EPS of $0.90 beats by $0.03.
    • Revenue of $3.5B (+0.9% Y/Y) misses by $20M.
    • Press Release
    | Tue, Apr. 19, 6:46 AM
  • Mon, Apr. 18, 5:30 PM
    | Mon, Apr. 18, 5:30 PM | 3 Comments
  • Tue, Feb. 9, 8:38 PM
    • After a bruising wave of media reviews shook up advertising giants and their valued accounts in 2015, Omnicom (NYSE:OMC) chief John Wren says it's too soon to tell whether 2016 will bring a repeat.
    • He was speaking on the company's earnings call after the company beat earnings expectations and grew organic revenue. Omnicom closed today up 2.7%.
    • “Whether the pace of 2015 continues into 2016 it is too early to say, but we will not be surprised if the patterns continue,” Wren said.
    • Publicis Groupe (OTCQX:PUBGY) went into 2015's reviews with the most to lose, defending billions of dollars in bookings, and Omnicom was the one that took the biggest one from Publicis in grabbing the bulk of media planning and buying for Procter & Gamble.
    • CFO Phil Angelastro suggested that the company's M&A activity may pick up: “To the extent we can find acquisitions that fit strategically, culturally and pricing makes sense, we’re going to continue to look to do more acquisitions rather than less."
    • Previously: Omnicom +3.3% after growth in profits, organic revenue (Feb. 09 2016)
    | Tue, Feb. 9, 8:38 PM
  • Tue, Feb. 9, 10:24 AM
    • Omnicom (NYSE:OMC) is up 3.3% after its Q4 beat on the bottom line as profits grew nearly 4% and revenues grew despite currency challenges.
    • Worldwide revenue fell 1%; organically, revenue grew 4.8%, but was reduced by acquisitions (decline of 0.2% net of dispositions) and a 5.6% decrease due to impact of foreign exchange.
    • EBITA fell 0.9% in Q4 to $604M; EBITA margin of 14.5% was unchanged from the prior year.
    • Regional organic revenue breakout: North America, up 4.7%; UK, up 4.9%; Euro Markets and Other Europe, up 3.5%; Asia Pacific, up 8.6%; Latin America, up 0.4%; Africa/Middle East, up 5%.
    • Q4 By discipline: Advertising up 12.6%; CRM down 1.5%; public relations down 6.9%; specialty communications down 5.9%.
    • Conference call link
    | Tue, Feb. 9, 10:24 AM
  • Tue, Feb. 9, 6:43 AM
    • Omnicom (NYSE:OMC): Q4 EPS of $1.35 beats by $0.02.
    • Revenue of $4.15B (-1.2% Y/Y) misses by $30M.
    | Tue, Feb. 9, 6:43 AM
  • Mon, Feb. 8, 5:30 PM
    | Mon, Feb. 8, 5:30 PM | 13 Comments
  • Oct. 20, 2015, 9:31 AM
    • Omnicom (NYSE:OMC) is up 1.5% after beating expectations with Q3 results where organic revenues grew more than 6% and strength in North America and Europe made up for weakness in Latin America.
    • Excluding acquisitions/dispositions and currency effects, revenues were up 6.1%; foreign exchange rates had a negative impact of 7.2%.
    • Organic ad revenue was up 9.9% and specialty communications up 5.4%, while CRM increased 2.8%. Public relations revenue fell 1.5%.
    • Regionally, organic revenues were up 6.3% in North America and 9.1% in the UK. It increased 4.5% in Euro markets/other Europe, 8.6% in Asia Pacific and 0.4% in Africa/Middle East, while falling 6.9% in Latin America.
    • EBITA fell to $454.7M (down 1.3%) with margin of 12.3% (unchanged).
    | Oct. 20, 2015, 9:31 AM
  • Oct. 20, 2015, 6:43 AM
    • Omnicom (NYSE:OMC): Q3 EPS of $0.97 beats by $0.02.
    • Revenue of $3.71B (-1.1% Y/Y) beats by $60M.
    | Oct. 20, 2015, 6:43 AM
  • Oct. 19, 2015, 5:30 PM
  • Jul. 21, 2015, 4:25 PM
    • In posting Q2 earnings this morning, Omnicom (OMC -1.2%) focused on EPS growth and a rise in organic revenue, but meanwhile earnings call questions covered issues very much on the mind of advertising investors: the changing landscape for advertising, particularly nearly $30B in agency reviews going on now.
    • “We know the media landscape has become more complex and many of the reviews are strategic re-evaluation of agency suppliers,” said CEO John Wren on the call. He pointed to an increase in media outlets and the uptake in online video as reasons advertisers might rethink strategies.
    • The company says it's defending $1.2B in billings and has an upside of $1B more from the accounts. Wren says the cmpany's halfway through pitches and expects big assignments to be decided by October. He also said current clients were first priority, and that Omnicom was sitting out reviews by Twenty-First Century Fox, Citibank, Coke, Coty and L'Oreal.
    • The programmatic trading desk, Accuen, has been a standout, adding about $30M in revenues this quarter, "still somewhat early days."
    • Next up: Interpublic Group (NYSE:IPG) reports in the morning.
    • Previously: Omnicom -1.3% despite beat, as forex issues drive declines in revenue, profit (Jul. 21 2015)
    • Previously: Omnicom kicking off big advertising earnings: What to watch (Jul. 20 2015)
    • Related: Omnicom Group's (NYSE:OMC) CEO John Wren on Q2 2015 Results - Earnings Call Transcript (Jul. 21 2015)
    | Jul. 21, 2015, 4:25 PM
  • Jul. 21, 2015, 10:10 AM
    • Omnicom (NYSE:OMC) is off 1.3% despite the ad giant beating expectations on top and bottom lines, as profits and revenues declined Y/Y in the face of currency fluctuations.
    • Foreign exchange issues dampened what was underlying unit growth in sales. Revenues that fell to $3.81B (down 1.6%) still beat forecasts of $3.76B. Meanwhile, organic revenues rose 5.3%; forex effects were 7.1% to the negative, the company said.
    • Organic revenue change by discipline: Advertising, up 6.4%; CRM, up 4.3%; Public Relations, up 0.3%; Specialty Communications, up 8%.
    • Organic revenue breakdown by region: North America, up 5.9%; UK, up 5.4%; Euro Markets/Other Europe, up 3.9%; Asia Pacific, up 7.6%; Africa/Middle East, up 11.9%; Latin America, down 9.6%.
    • Previously: Omnicom kicking off big advertising earnings: What to watch (Jul. 20 2015)
    | Jul. 21, 2015, 10:10 AM
Company Description
Omnicom Group, Inc. is a global marketing and corporate communications company, which provides advertising, marketing and corporate communications services. Its branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive... More
Sector: Services
Industry: Advertising Agencies
Country: United States