Investing.com - Omnicom reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Omnicom announced earnings per share of $1.77 on revenue of $3.44. Analysts polled by Investing.com anticipated EPS of $1.69 on revenue of $3.35B.
Omnicom shares are down 5% from the beginning of the year, still down 24.23% from its 52 week high of $91.61 set on February 10.
Omnicom shares lost 0.19% in after-hours trade following the report.
Omnicom follows other major Communication Services sector earnings this month
Omnicom's report follows an earnings beat by Netflix on Tuesday, who reported EPS of $3.1 on revenue of $7.93B, compared to forecasts EPS of $2.18 on revenue of $7.85B.
Manchester United had missed expectations on September 22 with first quarter EPS of $-0.1238 on revenue of $118.5M, compared to forecast for EPS of $-0.11 on revenue of $132.8M.
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