1203 GMT - WPP is expected to report a decline in net revenue for the first quarter, with investors likely focused on whether clients cut or pause spending due to uncertainty about tariffs and the economy, Barclays's Julien Roch says in a research note. Like-for-like revenue less pass-through costs at the U.K. advertising group is expected to fall 3% for the first quarter, according to Barclays. WPP underperformed peers last year and was the only agency group that reported a macroeconomic impact during its 2024 results, the analyst says. Shares are up 2.9% at 546.80 pence. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 14, 2025 08:03 ET (12:03 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。