CEO: IPG Had 'Confusing' Second Quarter

Analyst upgrades, weak revenues make for mixed results

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Interpublic Group has just gone through "a confusing quarter," chairman and CEO Michael Roth admitted on a conference call with analysts Thursday.

IPG, which enjoyed upgrades from Moody’s and Standard & Poor’s during the second quarter, saw an overall revenue increase of 8 percent year over year. For shareholders, the key figure was up: earnings per share for the quarter were $0.19 compared to $0.15 at this time last year. 

However, the company reported weak June revenues.

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