trending Market Intelligence /marketintelligence/en/news-insights/trending/WhlSx6WpibDoyvNpVjl-2Q2 content esgSubNav
In This List

WPP plc profit misses consensus by 27.4% in H1

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Next in Tech | Episode 48: The everything that is Industrial IoT


WPP plc profit misses consensus by 27.4% in H1

WPP Plc said its first-half normalized net income amounted to 33 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 45 pence per share.

EPS increased 63.5% year over year from 20 pence.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £418.0 million, an increase of 60.9% from £259.8 million in the prior-year period.

Total revenue climbed 13.3% year over year to £7.40 billion from £6.54 billion, and total operating expenses grew 11.5% from the prior-year period to £6.67 billion from £5.98 billion.

Reported net income increased 142.7% from the prior-year period to £596.3 million, or 47 pence per share, from £245.7 million, or 19 pence per share.