WASHINGTON (dpa-AFX) - Omnicom Group Inc. (OMC) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $448.0 million, or $2.26 per share. This compares with $425.7 million, or $2.13 per share, last year.
Excluding items, Omnicom Group Inc. reported adjusted earnings of $447.6 million or $2.41 per share for the period.
Analysts on average had expected the company to earn $2.39 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.5% to $4.322 billion from $4.060 billion last year.
Omnicom Group Inc. earnings at a glance (GAAP) :
-Earnings: $448.0 Mln. vs. $425.7 Mln. last year. -EPS: $2.26 vs. $2.13 last year. -Revenue: $4.322 Bln vs. $4.060 Bln last year.
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