No surprises from ad giant Omnicom’s Q2: It posted EPS of $0.96 on revenues of $3.48 billion, which is what the Street was looking for. Overall revenue grew 11.2%, boosted by international growth of 17.7%; domestic grew just 5.5%.
Those results are directionally similar to Nielsen’s estimate of Q1 ad spending: The company says global growth increased 4%, but that spending in the U.S. and Canada only rose 1%. Conference call is at 8:30 am; we’ll listen in and report back with any news.
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