Omnicom Expected to Earn $1.30 a Share - TheStreet

Omnicom Group  (OMC) - Get Report is expected to report adjusted net income of $294 million, or $1.30 a share, on sales of $3.6 billion before the market opens on Tuesday, based on a FactSet survey of 10 analysts.

In the same period a year ago, the company posted earnings of $1.24 a share on sales of $3.7 billion. It reported net income of $364.1 million.

The stock has fallen 8.5% since the company last reported earnings on July 17.

Quarterly estimates have fallen 1.2 cent a share in the past month.

In the upcoming quarter analysts are forecasting adjusted net income of $411 million, or $1.86 a share, on sales of $4.1 billion.

Omnicom is currently trading at a price-to-forward-earnings ratio of 12.1 based on the 12-month estimates of 12 analysts surveyed by FactSet.

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