Omnicom Group Q1 Profit Rises Slightly; EPS Tops Views, Revenue Misses (OMC)

Omnicom Group Q1 Profit Rises Slightly; EPS Tops Views, Revenue Misses (OMC)


Before the opening bell on Thursday, global marketing and corporate communications company Omnicom Group Inc. (OMC) reported higher profit and revenue in the first quarter.

The New York-based company said its first quarter net income rose slightly to $205.1 million, or 76 cents per share, from $204.6 million, or 72 cents per, share last year. According to analysts polled by Thomson Reuters, the company was expected to earn 75 cents per share in the quarter.

The company’s quarterly revenue was up to $3.398 billion from $3.307 billion last year. This was below analysts’ expectation of $3.41 billion.

Omnicom Group shares were inactive during pre-market trading on Thursday. The stock is up +18.61% year-to-date.

The Bottom Line
Shares of Omnicom Group (OMC) have a dividend yield of 2.70% based on last night’s closing price of $59.26 and the company’s annualized dividend payout of $1.60 per share.

Omnicom Group Inc. (OMC) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today