Advantage Solutions Inc reports results for the quarter ended December 31 - Earnings Summary

• Advantage Solutions Inc ADV.OQ reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of three analysts for the quarter was for earnings of 12 cents per share.

• Revenue fell 17.4% to $892.29 million from a year ago; analysts expected $863.41 million.

• Advantage Solutions Inc's reported EPS for the quarter was a loss of 55 cents​.

• The company reported a quarterly loss of $178.04 million.

• Advantage Solutions Inc shares had fallen by 19.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advertising & marketing peer group is also "hold"

Wall Street's median 12-month price target for Advantage Solutions Inc is $4.50

This summary was machine generated from LSEG data March 7 at 01:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)