Interpublic beats by $0.02, beats on revs (29.93)
- Reports Q2 (Jun) earnings of $0.61 per share, $0.02 better than the FactSet Consensus of $0.59; revenues rose 1.6% year/year to $2.71 bln vs the $2.33 bln FactSet Consensus.
- "Given results in the year to date, trends within our client roster, and macro sentiment, we expect to achieve full-year organic growth of approximately 1% and, at that level of growth, continue to target adjusted EBITA margin of 16.6%. Additional areas for value creation include our strong balance sheet and liquidity, as well as our ongoing commitment to capital returns."