02:40 PM EDT, 05/09/2025 (MT Newswires) -- Stagwell ( STGW ) shares were down more than 4% in recent Friday trading after analysts at Benchmark downgraded their rating on the advertising and consumer data company's stock to hold from buy.

The downgrade followed Stagwell ( STGW ) Thursday morning reporting Q1 adjusted earnings of $0.12 per share, down from $0.16 during the year-ago period and trailing the $0.15 consensus of analysts polled by Factset.

Revenue for the quarter ended March 31 fell 2.7% year-over-year to $651.7 million, also lagging analyst expectations looking for $686 million.

Trading volume stood at over 1.3 million shares against a daily average of around 665,000.

Price: 4.78, Change: -0.22, Percent Change: -4.40