Advantage Solutions (ADV) Set to Announce Quarterly Earnings on Thursday

Advantage Solutions (NASDAQ:ADV) is scheduled to release its earnings data before the market opens on Thursday, November 7th. Analysts expect Advantage Solutions to post earnings of $0.11 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Advantage Solutions (NASDAQ:ADV) last released its earnings results on Wednesday, August 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.14). The company had revenue of $873.36 million during the quarter, compared to analysts’ expectations of $909.64 million. Advantage Solutions had a negative return on equity of 5.96% and a negative net margin of 2.72%. On average, analysts expect Advantage Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Advantage Solutions Stock Performance

ADV opened at $3.15 on Thursday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.12 and a current ratio of 2.12. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of -9.00 and a beta of 1.47. The company has a fifty day moving average of $3.47 and a 200 day moving average of $3.57. Advantage Solutions has a fifty-two week low of $1.85 and a fifty-two week high of $4.95.

Insider Activity

In other news, CEO David A. Peacock bought 15,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were bought at an average cost of $3.40 per share, for a total transaction of $51,000.00. Following the completion of the transaction, the chief executive officer now owns 2,335,396 shares of the company’s stock, valued at approximately $7,940,346.40. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 6.20% of the company’s stock.

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.