On Nov. 9, Interpublic Group
- Both net loss of $0.24 and sales of $1.442 billion failed to meet Street estimates. Losing Bank of America probably didn't help and doesn't bode well for a quick recovery, either.
- Indeed, in a published statement, CEO Michael Roth said that client losses from the past year will "continue to affect" Interpublic's comparative results over the next few quarters. Yeesh.
Figures in millions, except per-share data.
Income Statement Highlights (What's this?)
|Avg. Est.||Q3 2005||Q3 2004||% Change|
Margin Checkup (What's this?)
|Q3 2005||Q3 2004||Change|
Balance Sheet Highlights (What's this?)
No balance sheet data provided. (Bogus.)
Cash Flow Highlights(What's this?)
No cash flow statement provided. (Whatever.)
Bank of America
- Sorry, Interpublic. Bank of America wants a divorce.
- Not all ad companies are bad. Take this one, for instance.
- Interpublic has been in need of help for two years now.
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Fool contributor Tim Beyers owns shares of Interpublic. You can find out what else is in his portfolio by checking Tim's Fool profile. The Motley Fool has an ironclad disclosure policy .