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, November 7th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Advantage Solutions (NASDAQ:ADV) last issued 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). Advantage Solutions had a negative return on equity of 5.96% and a negative net margin of 2.72%. The firm had revenue of $873.36 million during the quarter, compared to analysts’ expectations of $909.64 million. 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 Price Performance

Shares of NASDAQ ADV remained flat at $3.23 during midday trading on Tuesday. 75,459 shares of the company traded hands, compared to its average volume of 785,006. The firm has a 50-day moving average of $3.44 and a 200-day moving average of $3.54. The company has a debt-to-equity ratio of 1.82, a current ratio of 2.12 and a quick ratio of 2.12. Advantage Solutions has a one year low of $1.85 and a one year high of $4.95.

Insiders Place Their Bets

In related news, CEO David A. Peacock purchased 15,000 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was 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 directly owns 2,335,396 shares in the company, valued at $7,940,346.40. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 6.20% of the company’s stock.

About Advantage Solutions

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.