WPP PLC
WPP: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| x&! | LOCK|^h | LOCK|P%n>Z^ |
WPP Earnings: Dividend Cut Can Provide Flexibility for Massive Restructuring Plan; FVE Decrease
WPP’s fourth-quarter earnings showed a 5.4% decline in revenue and operating margin compression of 2 percentage points (to 13%) year over year. There was weakness across every segment, but management acknowledged this and announced a multiyear turnaround plan.
