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• Advantage Solutions Inc ADV.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of three analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 9 cents to 10 cents per share.

• Revenue fell 15.8% to $873.36 million from a year ago; analysts expected $753.15 million.

• Advantage Solutions Inc's reported EPS for the quarter was a loss of 31 cents​.

• The company reported a quarterly loss of $100.84 million.

• Advantage Solutions Inc shares had risen by 12.1% this quarter and lost 0.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.6% in the last three months.​

• In the last 30 days, there have been 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 "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 $4.00

This summary was machine generated from LSEG data August 7 at 01:25 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)