The Interpublic Group of Companies, Inc.
IPG
is scheduled to report
second-quarter 2022
results on Jul 21, before the opening bell.
Let’s check out how things have shaped up for the announcement.
What to Expect This Time Around
Favorable impacts of organic net revenues and foreign currency movements are likely to have aided Interpublic’s second-quarter 2022 revenues. The Zacks Consensus Estimate for the metric is pegged at $2.3 billion, indicating an increase of 1.5% from the year-ago quarter’s reported figure.
Rise in operating expenses is likely to have weighed on IPG’s bottom line. The Zacks Consensus Estimate for Interpublic’s earnings is pegged at 58 cents, indicating a decline of 17% from the year-ago period’s reported figure.
Interpublic Group of Companies, Inc. The Price and EPS Surprise
Interpublic Group of Companies, Inc. The price-eps-surprise
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Interpublic Group of Companies, Inc. The Quote
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Interpublic this time around. The combination of a positive
Earnings ESP
and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our
Earnings ESP Filter
.
Interpublic has an Earnings ESP of -0.87% and a Zacks Rank #4 (Sell).
Stocks to Consider
Here are a few stocks from the broader Zacks
Business Services
sector that investors may consider, as our model shows that these have the right combination of elements to beat on second-quarter 2022 earnings:
Automatic Data Processing,
ADP
has an Earnings ESP of +2.86% and a Zacks Rank #3. You can see
the complete list of today’s Zacks #1 Rank stocks here.
ADP has an expected earnings growth rate of 16% for the current year. Automatic Data has a trailing four-quarter earnings surprise of 6.2%, on average.
Booz Allen Hamilton Holding Corporation
BAH
has an Earnings ESP of +4.41% and a Zacks Rank of 3.
Booz Allen has an expected earnings growth rate of 3.3% for the current year. BAH has a trailing four-quarter earnings surprise of 9.5%, on average.
Cross Country Healthcare
CCRN
has an Earnings ESP of +0.59% and is Zacks #3 Ranked.
Cross Country Healthcare has an expected earnings growth rate of 56% for the current year. CCRN delivered a trailing four-quarter earnings surprise of 29.2%, on average.
Stay on top of upcoming earnings announcements with the
Zacks Earnings Calendar.
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