Omnicom Q3 revenue, adjusted EPS beat expectations on IPG acquisition
OMC•Omnicom reported third-quarter revenue of $6.42 billion and adjusted EPS of $2.73, beating analyst expectations of $6.23 billion and $2.63, respectively. Adjusted EPS rose 22% year over year.
1. Quarterly results
Omnicom’s third-quarter net income was $656 million, and EPS was $2.38. The company said revenue growth was primarily driven by the IPG acquisition and constant-currency revenue growth.
2. Synergies and growth
Omnicom attributed higher operating margins and adjusted EBITA to cost-reduction synergies from IPG integration. It said organic growth contributed $400.8 million, or 7.2%, to core operations revenue, and it is on track to deliver $900 million in cost-reduction synergies in 2026.
3. Outlook
The company said it is focused on high-demand services and pursuing future growth opportunities, while continuing to monitor economic uncertainty and client demand.
