Interpublic Group Reports Q4 Earnings Miss

New York, NY - Interpublic Group of Cos. (IPG) reported fourth-quarter net income of $344.5 million, or $0.92 per share. Adjusted earnings were $1.11 per share, below analyst estimates of $1.15.

Revenue came in at $2.86 billion, with adjusted revenue of $2.43 billion, also missing expectations of $2.51 billion.

For the full year, IPG reported profit of $689.5 million, or $1.83 per share, on revenue of $9.19 billion.