Advantage Solutions (ADV) to Release Quarterly Earnings on Thursday

Advantage Solutions (NASDAQ:ADV – Get Free Report) will announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Advantage Solutions (NASDAQ:ADV – Get Free Report) last posted its earnings results on Thursday, February 29th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.08). Advantage Solutions had a negative net margin of 1.35% and a negative return on equity of 4.51%. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.14 billion. On average, analysts expect Advantage Solutions to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Advantage Solutions Stock Performance

NASDAQ:ADV opened at $4.28 on Wednesday. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 1.68. The firm has a 50-day moving average price of $4.20 and a two-hundred day moving average price of $3.62. Advantage Solutions has a twelve month low of $1.19 and a twelve month high of $4.95. The company has a market capitalization of $1.37 billion, a P/E ratio of -21.40 and a beta of 1.57.

Analyst Upgrades and Downgrades

Separately, TheStreet raised shares of Advantage Solutions from a “d” rating to a “c-” rating in a research note on Thursday, February 29th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $3.43.

View Our Latest Stock Analysis on ADV

Insider Buying and Selling

In related news, COO Jack Anthony Pestello bought 10,000 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was purchased at an average cost of $3.87 per share, for a total transaction of $38,700.00. Following the completion of the acquisition, the chief operating officer now owns 146,279 shares in the company, valued at $566,099.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.20% of the company’s stock.

Advantage Solutions Company Profile

(Get Free Report)

Advantage Solutions Inc provides business solutions to consumer goods manufacturers and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; and brand-centric merchandising services.

Read More

Earnings History for Advantage Solutions (NASDAQ:ADV)

Receive News & Ratings for Advantage Solutions Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Advantage Solutions and related companies with’s FREE daily email newsletter.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *