Omnicom Group Reports First Quarter 2020 Results
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Omnicom Group (OMC) Tops Q1 EPS by 3c, Revenues Beat
April 28, 2020 6:26 AM EDTOmnicom Group (NYSE: OMC) reported Q1 EPS of $1.19, $0.03 better than the analyst estimate of $1.16. Revenue for the quarter came in at $3.41 billion versus the consensus estimate of $3.36 billion.
COVID-19 Business Update
The COVID-19 pandemic has significantly impacted the global economy. Public health efforts to mitigate the impact of the pandemic include government actions such as travel restrictions, limitations on public gatherings, shelter in place orders and mandatory closures. These actions have negatively impacted many of our clients\' businesses and in turn clients have reduced or plan to reduce their demand for... More
