The earnings call presented a mix of achievements and challenges. While there were strong performances in specific sectors and strategic advancements, the flat organic revenue growth and significant impairment charges weigh on the overall outlook.

Company Guidance

In the third quarter of 2024, Interpublic Group (IPG) reported a flat organic revenue growth compared to the same period last year, with consolidated organic growth reaching 1% over the first nine months. The company's adjusted EBITA margin remained strong at 17.2% with an adjusted EBITA of $385.8 million. The United States, representing 65% of net revenue, showed flat organic growth, while international markets also remained unchanged organically. The Media, Data & Engagement Solutions segment saw a 1.2% organic increase, driven by IPG Mediabrands and Acxiom, though offset by declines at MRM. The Integrated Advertising & Creativity Led Solutions segment experienced a 1.9% organic decrease, with strong performance at Deutsche not enough to counterbalance losses at IPG Health and McCann Worldgroup. Specialized Communications & Experiential Solutions achieved a 1.2% organic growth, led by Octagon and public relations offerings. Despite challenges, IPG remains committed to delivering approximately 1% organic revenue growth for the year with a margin target of 16.6%, while also focusing on strategic asset sales and platform enhancements for future growth.

Strong Performance in Specific Sectors

Significant growth in consumer-facing industries such as food and beverage and consumer goods, as well as the public sector. Solid growth at IPG Mediabrands, Octagon, Acxiom, and public relations offerings.

Successful Strategic Actions

Meaningful progress in addressing underperformance at digital specialist agencies and classification of those assets as held for sale.

Launch of Interact Marketing Intelligence Engine

Introduction of Interact, a framework integrating data flow across the campaign lifecycle, enhancing connectivity across agencies and global reach.

Principal Media Buying Initiative

Development and rollout of a Principal Media Buying solution as a new practice area, showing early wins and strong interest from clients.

Recognition and Awards

Acxiom recognized for the industry's best customer intelligence platform; IPG Health led in health care marketing awards.

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Interpublic Group of Companies (IPG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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IPG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 06, 2025	2024 (Q4)	1.17 / -	1.18	―	―	―
Oct 22, 2024	2024 (Q3)	0.70 / 0.70	0.7	0.00% (0.00)
Jul 24, 2024	2024 (Q2)	0.59 / 0.61	0.74	-17.57% (-0.13)
Apr 24, 2024	2024 (Q1)	0.35 / 0.36	0.38	-5.26% (-0.02)
Feb 08, 2024	2023 (Q4)	1.14 / 1.18	1.02	15.69% (+0.16)
Oct 20, 2023	2023 (Q3)	0.72 / 0.70	0.63	11.11% (+0.07)
Jul 21, 2023	2023 (Q2)	0.60 / 0.74	0.63	17.46% (+0.11)
Apr 27, 2023	2023 (Q1)	0.34 / 0.38	0.47	-19.15% (-0.09)
Feb 09, 2023	2022 (Q4)	1.01 / 1.02	0.82	24.39% (+0.20)
Oct 21, 2022	2022 (Q3)	0.59 / 0.63	0.63	0.00% (0.00)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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IPG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 22, 2024	$31.28	$29.46	-5.82%
Jul 24, 2024	$29.31	$28.96	-1.19%
Apr 24, 2024	$30.02	$30.42	+1.33%
Feb 08, 2024	$30.91	$30.49	-1.36%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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