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Interpublic Group Reported Mixed Quarterly Results in 3Q15

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Nov. 20 2020, Updated 12:35 p.m. ET

Price movement of Interpublic Group of Companies

The Interpublic Group of Companies (IPG) has a market cap of $8.9 billion. Interpublic Group’s YTD (year-to-date) price movement has been up and down in 2015. After the 3Q15 earnings report, IPG rose by 1.5% to close at $21.72 per share on October 21, 2015, with a 1.3% increase in revenue in 3Q15 as compared to the revenue in 3Q14. The price movement on a weekly, monthly, and YTD basis is 4.2%, 10.3%, and 6.4%, respectively.

The stock has broken the support level of its 20-day, 50-day, and 200-day moving averages throughout 2015. Currently, the stock is trading 7.5% above its 20-day moving average, 8.9% above its 50-day moving average, and 6.2% above its 200-day moving average.

The PowerShares Dynamic Media ETF (PBS) invests 2.8% of its holdings in Interpublic Group. The ETF tracks an index of the US media industry stocks. The index uses multifactor selection and tiered equal weighting. The YTD price movement of PBS is 1.4% as of October 20, 2015.

The market caps of Interpublic Group of Companies’ competitors are as follows:

  • Omnicom Group (OMC) — $17.7 billion
  • Alliance Data Systems (ADS) — $17.0 billion
  • Outfront Media (OUT) — $3.2 billion
  • MDC Partners (MDCA) — $1.1 billion
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Performance of Interpublic Group of Companies in 3Q15

The company has reported revenue of $1,865.5 million in 3Q15, an increase of 1.3% when compared to the net revenue of $1,841.1 million in 3Q14. The company’s US revenue has risen by 7.2% and its international revenue has fallen by 6.7% in 3Q15 as compared to the revenue of 3Q14. The company’s revenue has fallen by 0.56% in 3Q15 as compared to revenue in 2Q15. The net income and EPS (earnings per share) have fallen to $78.0 million and $0.18 per share in 3Q15, a decrease of 15.9% and 14.3% as compared to the net revenue and EPS of $92.8 million and $0.21 per share in 3Q14.

On August 11, 2015, the company announced a quarterly dividend of $0.12 per share on IPG common stock.

About Interpublic Group of Companies

Interpublic Group of Companies provides consumer advertising, digital marketing, communications planning and media buying, public relations, and specialty marketing services.

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