Advantage Solutions (ADV) Scheduled to Post Quarterly Earnings on Thursday

Advantage Solutions (NASDAQ:ADV) is scheduled to be announcing 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

Advantage Solutions (NASDAQ:ADV) 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). The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Advantage Solutions had a negative return on equity of 4.51% and a negative net margin of 1.35%. 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 Price Performance

ADV opened at $4.42 on Thursday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of -22.10 and a beta of 1.59. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 1.68. The firm has a 50-day moving average price of $4.15 and a 200-day moving average price of $3.57. Advantage Solutions has a twelve month low of $1.17 and a twelve month high of $4.95.

Insider Activity at Advantage Solutions

In other news, COO Jack Anthony Pestello acquired 10,000 shares of Advantage Solutions stock in a transaction that occurred on Monday, March 11th. The stock was bought at an average price of $3.87 per share, with a total value of $38,700.00. Following the completion of the purchase, the chief operating officer now owns 146,279 shares in the company, valued at $566,099.73. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.