Publicis Groupe First Half 2024 Earnings: EPS Beats Expectations

Publicis Groupe (EPA:PUB) First Half 2024 Results

Key Financial Results

• Revenue: €7.65b (up 7.7% from 1H 2023).
• Net income: €773.0m (up 24% from 1H 2023).
• Profit margin: 10% (up from 8.8% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: €3.08 (up from €2.48 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Publicis Groupe EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Media industry in France.

Performance of the French Media industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Publicis Groupe that we have uncovered.

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