Omnicom Group Reports Fourth Quarter and Full Year 2018 Results
Omnicom Group Inc. (OMC)
Last omnicom group inc. earnings: 4/28 06:25 am
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investor.omnicomgroup.com
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Source: PR Newswire
NEW YORK, Feb. 12, 2019 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that its net income for the fourth quarter of 2018 increased $144.8 million, or 56.9%, to $399.2 million from $254.4 million in the fourth quarter of 2017. Diluted net income per common share for the fourth quarter of 2018 increased sixty-eight cents, or 62.4%, to $1.77 per share versus $1.09 per share for the fourth quarter of 2017. In the fourth quarter of 2017, we increased income tax expense to record the net effect of the enactment of the "Tax Cuts and Jobs Act" (the "2017 Tax Act"), which resulted in a net decrease to net income - Omnicom Group Inc. and diluted net income per common share of $106.3 million and forty-six cents per share, respectively.Omnicom's worldwide revenue in the fourth quarter of 2018 decreased 2.2% to $4,086.7 million from $4,176.6 million in the fourth quarter of 2017. The components of the change in revenue included a decrease in revenue from the negative foreign exc
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OMC
Earnings
- 4/16/24 - Beat
OMC
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- OMC's page on the SEC website