Why Omnicom, UnitedHealth Group, and Goldman Sachs Slumped Today [The Motley Fool]
Omnicom Group Inc. (OMC)
Last omnicom group inc. earnings: 4/28 06:25 am
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Source: The Motley Fool
Less-than-perfect quarterly results left these three stocks in the red. Here's what investors need to know. After starting the session in negative territory, major benchmarks turned positive on Tuesday following encouraging comments from Federal Reserve Chairman Jay Powell regarding U.S. economic strength. But several individual stocks didn't participate in the broader market's gains. Read on to learn why Omnicom Group ( NYSE:OMC ) , UnitedHealth Group ( NYSE:UNH ) , and Goldman Sachs ( NYSE:GS ) slumped today. Image source: Getty Images. Omnicom's underwhelming quarter Shares of Omincom Group plunged 9.5% after the marketing communications leader delivered mixed second-quarter results relative to expectations. Quarterly revenue grew 1.8% year over year to $3.86 billion, including organic growth of roughly 2%. On the bottom line, that translated to net income of $364.2 million, or $1.60 per diluted share, up from $1.40 per share in the same year-
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News
- Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- Omnicom Announces Major Expansion in India with Four State-of-the-Art Centers of Excellence [Yahoo! Finance]Yahoo! Finance
- Omnicom Announces Major Expansion in India with Four State-of-the-Art Centers of ExcellencePR Newswire
- Omnicom Declares Dividend [Yahoo! Finance]Yahoo! Finance
- Omnicom Declares DividendPR Newswire
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