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Interpublic 3Q earnings up 29%

Published on .

Interpublic Group of Cos., New York, said third quarter net income was $35.3 million, up 29% from the same period last year. Earnings per share increased 22% to 28 cents for the quarter ended Sept. 30, 1997, from 23 cents last year. Net income for the first nine months of 1997 was $147.1 million, up 22% over l996, not including a gain of $8.l million on the 1996 sale of CKS Group stock and factoring a 3-for-2 stock split earlier this year.

Copyright October 1997, Crain Communications Inc.

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