LSE:WPPMedia
WPP (LSE:WPP) Reports Decline In Earnings And Dividend; 2025 Revenue Guidance Lowered
Last week, WPP (LSE:WPP) reaffirmed its earnings guidance for 2025 and reported decreased earnings for the first half of the year, with sales falling to GBP 6,663 million from GBP 7,227 million and net income dropping to GBP 44 million from GBP 205 million. Additionally, the company announced a reduction in its interim dividend. Despite broader market gains, evidenced by the Dow Jones and S&P 500 rising more than 1% each, WPP's share price dropped 4.44%. This decline may align with the firm's...