Advantage Solutions (ADV) Set to Announce Earnings on Wednesday

Advantage Solutions (NASDAQ:ADV) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Advantage Solutions (NASDAQ:ADV) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.24). The company had revenue of $879.00 million for the quarter, compared to analysts’ expectations of $893.04 million. Advantage Solutions had a negative net margin of 0.36% and a negative return on equity of 5.26%. During the same quarter in the prior year, the firm earned ($0.15) earnings per share. 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 Up 0.5 %

ADV traded up $0.02 during trading on Wednesday, reaching $4.03. 20,187 shares of the stock traded hands, compared to its average volume of 868,456. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.95 and a quick ratio of 1.95. Advantage Solutions has a fifty-two week low of $1.85 and a fifty-two week high of $4.95. The stock’s 50-day simple moving average is $3.34 and its two-hundred day simple moving average is $3.79. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of -57.28 and a beta of 1.48.

Insider Activity

In other news, CEO David A. Peacock acquired 40,000 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were purchased at an average price of $2.79 per share, for a total transaction of $111,600.00. Following the completion of the acquisition, the chief executive officer now owns 2,320,396 shares of the company’s stock, valued at approximately $6,473,904.84. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.20% of the stock is owned by corporate 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.