Looking back on advertising & marketing services stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Magnite (NASDAQ:MGNI) and its peers.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets.
These doubts have caused the industry to lag recently as services stocks have collectively shed 3.3% over the past six months. This drop was almost identical to the S&P 500’s decline.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how advertising & marketing services stocks fared in Q4, starting with Interpublic Group (NYSE:IPG).
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the advertising & marketing services industry, including QuinStreet (NASDAQ:QNST) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how advertising & marketing services stocks fared in Q4, starting with Omnicom Group (NYSE:OMC).
Liberty Broadband shares climb Tuesday after the company announced it communicated a counterproposal to the special committee of the board of directors of Charter Communications.
Companies Reporting Before The Bell • Arbor Realty Trust (NYSE:ABR) is expected to report quarterly earnings at $0.44 per share on revenue of $97.65 million.
Companies Reporting Before The Bell • Arcutis Biotherapeutics (NASDAQ:ARQT) is expected to report quarterly loss at $0.86 per share on revenue of $32.83 million.
Companies Reporting Before The Bell • WPP (NYSE:WPP) is projected to report earnings for its first quarter. • Anglogold Ashanti (NYSE:AU) is likely to report earnings for its first quarter.
Needham cut the price target for Zebra Technologies Corporation (NASDAQ: ZBRA) from $385 to $340. Needham analyst James Ricchiuti maintained a Buy rating. Zebra Technologies shares fell 11.1% to close at $255.44 on Tuesday.
