Advantage Solutions Inc. (ADV) Lags Q4 Earnings and Revenue Estimates

分组1 - Advantage Solutions Inc. reported quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.14 per share, and down from $0.49 per share a year ago, representing an earnings surprise of -57.14% [1] - The company posted revenues of $1.08 billion for the quarter, missing the Zacks Consensus Estimate by 5.41%, compared to $1.1 billion in the same quarter last year [1] - Over the last four quarters, Advantage Solutions has not surpassed consensus EPS estimates, and it has topped consensus revenue estimates only twice [1] 分组2 - The stock has added about 4.4% since the beginning of the year, underperforming the S&P 500's gain of 6.3% [2] - The current consensus EPS estimate for the coming quarter is $0.07 on revenues of $922.6 million, and for the current fiscal year, it is $0.50 on revenues of $4.16 billion [4] - The Zacks Industry Rank for Business - Information Services is in the top 39% of over 250 Zacks industries, indicating a favorable outlook for the industry [5]