Global advertising giant Omnicom Group (NYSE: OMC) will be announcing earnings results this Tuesday afternoon. Here’s what to look for.

Omnicom Group missed analysts’ revenue expectations by 0.6% last quarter, reporting revenues of $3.69 billion, up 1.6% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ EPS estimates but organic revenue in line with analysts’ estimates.

Is Omnicom Group a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Omnicom Group’s revenue to grow 2.9% year on year to $3.97 billion, slowing from the 6.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.03 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Omnicom Group has missed Wall Street’s revenue estimates twice over the last two years.

With Omnicom Group being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for media & entertainment stocks. However, there has been positive investor sentiment in the segment, with share prices up 3.9% on average over the last month. Omnicom Group is up 4% during the same time and is heading into earnings with an average analyst price target of $99.51 (compared to the current share price of $73.50).

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