WPP Q3 Revenue Declines 2.1%, Better Than Consensus
WPP’s like-for-like revenue less pass-through costs fell 2.1% in its third-quarter update, better than consensus expectations, according to Bernstein.
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08:14:41 AM UTC
SquawkNews
LONDON (dpa-AFX) - British advertising major WPP plc (WPP, WPP.L) on Thursday reported slightly higher revenues in the third quarter. The company also maintained fiscal 2026 outlook.Revenue in the quarter was £3.274 billion, a growth of 0.5 percent year-over -year on both a reported and like-for-li…
WPP shares are likely to react positively to the U.K. advertising group's third-quarter update, Bernstein's Annick Maas and Christophe Cherblanc say. The company's like-for-like revenue less pass-through costs declined 2.1%, but this was better than what the consensus anticipated, Bernstein says. T…