The Latest Breaking News from Interpublic Group

Whereas Interpublic Group has underperformed relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Interpublic Group is expected to announce its first-quarter results this month, and analysts are forecasting a double-digit decline in earnings as macroeconomic uncertainties continue to weigh on client spending.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.65%. Stocks today are under pressure, with the markets awaiting US inflation news this week...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.12%. Stocks today are slightly lower with the markets awaiting US inflation news this week...

Omnicom is buying Interpublic Group in a stock-for-stock deal that will create an advertising powerhouse with combined annual revenue of almost $26 billion

As Interpublic Group of Companies underperforms the broader market this year, Wall Street analysts are cautious about the stock’s prospects.

Interpublic Group is expected to release its fiscal third-quarter earnings later this month, and analysts project a profit in line with the year-ago quarter.

The Interpublic Group chief sees opportunities for coming up with ideas and developing interesting tools for clients.

Thanks to rapid digitalization since the onset of the COVID-19 pandemic, the global advertising market has witnessed a significant rise in demand. As such, the latest digital advertising trend should benefit WPP (WPP) and Interpublic Group (IPG). But which of these stocks is a better buy now? Read more to…