Omnicom beats by $0.11, reports revs in-line (69.50)
- Reports Q3 (Sep) earnings of $1.32 per share, $0.11 better than the S&P Capital IQ Consensus of $1.21; revenues fell 0.1% year/year to $3.71 bln vs the $3.68 bln S&P Capital IQ Consensus.
- Net income - Omnicom Group Inc. and diluted earnings per common share in the third quarter of 2018 includes a net after tax increase of $18.2 million and eight cents per share, respectively, as a result of a net gain on dispositions of certain subsidiaries, less charges in connection with repositioning actions as discussed further below