The Interpublic Group of Companies (NYSE:IPG), Inc. IPG is scheduled to report second-quarter 2021 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 impact of organic net revenues and foreign currency movements is likely to have aided Interpublic’s second-quarter 2021 revenues, the Zacks Consensus Estimate for which is pegged at $2.09 billion, indicating an increase of 12.7% from the year-ago quarter’s reported figure.
Improvement in operational efficiency and cost-reduction initiatives are likely to have aided the company’s bottom line. The Zacks Consensus Estimate for earnings is pegged at 45 cents, indicating growth of 95.7% from the year-ago reported figure.
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 -2.22% and a Zacks Rank #1.
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 2021 earnings.
ManpowerGroup (NYSE:MAN) MAN has an Earnings ESP of +0.85% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Omnicom OMC has an Earnings ESP of +10.19% and a Zacks Rank #3.
Aptiv (NYSE:APTV) APTV has an Earnings ESP of +8.44% and a Zacks Rank #3.
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Interpublic Group of Companies, Inc. The (IPG): Free Stock Analysis Report
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