Shares of Stagwell (NASDAQ: STGW) were leaping 9.7% higher at 10:49 a.m. ET in morning trading Thursday after the marketing and communications company reported fourth-quarter earnings results that beat analyst estimates on the top and bottom lines.

Stagwell posted adjusted earnings of $0.22 per share on revenue of $708.2 million, handily thrashing Wall Street's forecast of $0.15 per share on $701.3 million.

Image source: Getty Images.

Continue reading

Source Fool.com