NASDAQ$ADV
Advantage Solutions Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Advantage Solutions reported financial results for the fourth quarter and full fiscal year ended December 31, 2022.
Advantage Solutions reported a revenue increase of 6.8% compared to Q4 2021, driven by growth in both the marketing and sales segments. However, the company experienced a significant operating loss due to non-cash impairment charges. Adjusted EBITDA decreased by 26.9% due to inflationary cost pressures and mix shift dynamics.
- Revenues increased by 6.8% compared to the fourth quarter of 2021.
- Operating loss was $1,537.5 million, a significant decrease from the operating income in the fourth quarter of 2021.
- Net loss was $1,421.7 million, a substantial decrease from the net income in the fourth quarter of 2021.
- Adjusted EBITDA decreased by 26.9% compared to the fourth quarter of 2021.
Headline financials
Revenue & EPS history
Advantage Solutions · Revenue · Quarterly
$1.1B
Forward guidance
The Company is initiating its outlook for fiscal 2023. Adjusted EBITDA is anticipated to range from $400 million to $420 million prior to adjustments related to any acquisitions and divestitures. This guidance range takes into account the tight labor market, inflationary pressures, and broad macro headwinds impacting consumers, retailers, and CPG brands, alike.
Tailwinds
- Strong customer demand
- In-store sampling and demonstration services will continue to build back in 2023
- Initiating outlook for fiscal year 2023
- Guidance takes into account the tight labor market
- Guidance takes into account inflationary pressures
Headwinds
- Tight labor market
- Inflationary pressures
- Broad macro headwinds impacting consumers
- Broad macro headwinds impacting retailers
- Broad macro headwinds impacting CPG brands
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-2.7%
Avg return
Earnings day
-3.9%
Avg return
5 days after
-0.1%
Avg return
30 days after
36%
9 / 25 earnings
Positive
+18.6%
Q4 2022
Best reaction
-20.2%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +15.3% | -5.5% | +1.8% | |
| Q4 2025 | -1.0% | +15.9% | +57.6% | |
| Q3 2025 | -3.3% | +8.9% | -30.1% | |
| Q1 2025 | -17.8% | -14.3% | +12.2% | |
| Q4 2024 | -8.9% | -28.4% | -44.9% | |
| Q3 2024 | +10.1% | -1.6% | +5.1% | |
| Q2 2024 | +4.2% | +0.3% | +3.6% | |
| Q1 2024 | -17.6% | -20.2% | -29.1% | |
| Q4 2023 | +2.1% | -3.4% | +14.6% | |
| Q3 2023 | -16.0% | -16.5% | +29.1% | |
| Q2 2023 | +2.3% | +1.2% | +12.4% | |
| Q1 2023 | +10.8% | +18.5% | +62.3% | |
| Q4 2022 | +18.6% | +7.7% | -28.2% | |
| Q3 2022 | -20.2% | -17.5% | -33.4% | |
| Q2 2022 | -9.7% | +3.2% | -32.5% | |
| Q1 2022 | -11.0% | -9.6% | -15.3% | |
| Q4 2021 | -15.9% | -26.9% | -18.9% | |
| Q3 2021 | +4.4% | +1.6% | -13.9% | |
| Q2 2021 | -6.7% | -6.0% | -13.0% | |
| Q1 2021 | -3.8% | -5.6% | -4.7% | |
| Q4 2020 | -0.2% | +7.2% | +27.1% | |
| Q2 2020 | -0.2% | +7.2% | +27.1% | |
| Q3 2020 | -2.1% | -13.8% | -1.5% | |
| Q1 2020 | +0.5% | +0.0% | +4.9% | |
| Q4 2019 | -1.0% | -1.0% | +5.1% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q1 2016 | — | — | — |
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