Omnicom Group Reports Second Quarter and Year-to-Date 2020 Results
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Omnicom Group (OMC) Reports In-Line Q2 EPS, Revenues Miss
July 28, 2020 6:47 AM EDTOmnicom Group (NYSE: OMC) reported Q2 EPS of $0.92, in-line with the analyst estimate of $0.92. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $3.07 billion.
COVID-19 Business Update
The COVID-19 pandemic has significantly impacted the global economy, our business and the results of operations. 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... More
