Payload Logo

Stagwell: Q4 Earnings Snapshot

By AP News
Published

NEW YORK (AP) — NEW YORK (AP) — Stagwell Inc. (STGW) on Tuesday reported profit of $1.3 million in its fourth quarter.

On a per-share basis, the New York-based company said it had profit of 1 cent. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.

The marketing communications company posted revenue of $654.9 million in the period.

For the year, the company reported profit of $134,000. Revenue was reported as $2.53 billion.

Stagwell expects full-year earnings in the range of 75 cents to 88 cents per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STGW at https://www.zacks.com/ap/STGW

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.