Advantage Solutions Q3 GAAP EPS $(0.07) Down From $0.07 YoY, Sales $1.10B Miss $1.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Advantage Solutions (NASDAQ:ADV) reported Q3 GAAP EPS of $(0.07), a 200% decrease YoY, and sales of $1.10B, missing the estimate by 0.36%. This is a 4.27% increase in sales compared to the same period last year.
November 07, 2023 | 12:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Advantage Solutions reported a 200% decrease in Q3 GAAP EPS and missed sales estimates, which could negatively impact the stock price.
The company reported a significant decrease in earnings per share and missed sales estimates, which are key indicators of a company's financial health. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100