Stagwell Inc (STGW) reported Q4 EPS of $0.22, $0.04 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $708 million versus the consensus estimate of $708.49 million.
GUIDANCE:
Stagwell Inc sees FY2023 EPS of $0.90-$1.05, versus the consensus of $0.46.
- Organic Net Revenue growth of 7.5% – 10%
- Organic Net Revenue growth ex-Advocacy of 10% – 14%
- Adjusted EBITDA of $450 million – $490 million
- Free Cash Flow Conversion of 50% – 60%
- Adjusted EPS of $0.90 – $1.05
- Guidance assumes no impact from foreign exchange, acquisitions or dispositions.