Interpublic Group of Companies (NYSE:IPG – Get Free Report) issued its quarterly earnings data on Wednesday. The business services provider reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.02, Briefing.com reports. Interpublic Group of Companies had a return on equity of 27.98% and a net margin of 9.46%. The firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same quarter last year, the business posted $0.74 earnings per share. The business’s quarterly revenue was up 1.6% compared to the same quarter last year.
Interpublic Group of Companies Price Performance
Shares of IPG stock opened at $30.98 on Friday. Interpublic Group of Companies has a fifty-two week low of $27.20 and a fifty-two week high of $35.24. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.06 and a current ratio of 1.07. The firm has a market capitalization of $11.69 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 3.22 and a beta of 1.12. The stock’s 50-day simple moving average is $29.97 and its 200-day simple moving average is $31.24.
Interpublic Group of Companies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date of this dividend was Tuesday, June 4th. Interpublic Group of Companies’s dividend payout ratio (DPR) is presently 46.98%.
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Interpublic Group of Companies Company Profile
The Interpublic Group of Companies, Inc provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names.
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