Despite 13% Q4 Profit Decline, Omnicom Group Beats Earnings Estimates (OMC)
Posted on February 10, 2009 at 12:00 PM EST
Advertising services company Omnicom Group Inc. (OMC) reported fourth quarter profits that dropped 14% from the year-ago period, but still beat analysts’ earnings estimates. Omnicom said its fourth quarter earnings per share (EPS) came in at 88 cents, over 7% higher than analyst estimates of 82 cents per share. Fourth quarter revenue was largely in-line with [...]