(RTTNews) – Omnicom Group Inc. (OMC) revealed earnings for fourth quarter that declined from last year.
The company’s profit totaled $398.1 million, or $1.84 per share. This compares with $415.0 million, or $1.89 per share, in last year’s fourth quarter.
Analysts had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter fell 9.2% to $3.76 billion from $4.14 billion last year.
Omnicom Group Inc. earnings at a glance:
-Earnings (Q4): $398.1 Mln. vs. $415.0 Mln. last year.
-EPS (Q4): $1.84 vs. $1.89 last year.
-Analysts Estimate: $1.65 -Revenue (Q4): $3.76 Bln vs. $4.14 Bln last year.