WPP H1 EPS $0.02 Down From $0.27 YoY, Sales $8.570B Beat $3.260B Estimate
WPP (NYSE:WPP) reported quarterly earnings of $0.02 per share. This is a 92.59 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $8.570 billion
WPP made much less profit this quarter than last year, but its total sales were way bigger than experts predicted. When a company sells a lot but makes little profit, it might mean costs got too high or competition got tougher—so watch if they can fix this next time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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