Omnicom's Net Income Grew 13% in Q2

Revenue growth exceeded Wall Street's expectations

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Omnicom Group generated net income of more than $318 million in the second quarter, up 13 percent from the same period last year.

Revenue for the quarter grew 6 percent to $3.87 billion, exceeding the estimates of Wall Street analysts, who had projected revenue of $3.74 to $3.82 billion, according to Yahoo Finance.

On a per share basis, quarterly earnings amounted to $1.23, again exceeding analyst forecasts of $1.14 to $1.18.

"It was a solid quarter for Omnicom on all fronts," said CEO John Wren, during a call with analysts.

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