Advantage Solutions (ADV) Set to Announce Earnings on Thursday

Advantage Solutions (NASDAQ:ADV) is set to issue its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Advantage Solutions (NASDAQ:ADV) last issued its earnings results on Thursday, February 29th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.08). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.14 billion. Advantage Solutions had a negative net margin of 1.35% and a negative return on equity of 4.51%. 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 Down 0.7 %

Shares of NASDAQ:ADV opened at $4.52 on Tuesday. Advantage Solutions has a 52-week low of $1.19 and a 52-week high of $4.95. 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 company has a fifty day moving average of $4.19 and a 200-day moving average of $3.61.

Wall Street Analyst Weigh In

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

Insider Transactions at Advantage Solutions

In related news, COO Jack Anthony Pestello bought 10,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were purchased at an average cost of $3.87 per share, with a total value of $38,700.00. Following the acquisition, the chief operating officer now owns 146,279 shares of the company’s stock, valued at $566,099.73. The purchase was disclosed in a filing with the SEC, which is available through this link. 6.20% of the stock is owned by company insiders.

Advantage Solutions Company Profile

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.