First Advantage Corp reports results for the quarter ended December 31 - Earnings Summary

• First Advantage Corp FA.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of nine analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 17 cents to 27 cents per share.

• Revenue rose 51.6% to $307.12 million from a year ago; analysts expected $304.82 million.

• First Advantage Corp's reported EPS for the quarter was a loss of 62 cents​.

• The company reported a quarterly loss of $100.37 million.

• First Advantage Corp shares had fallen by 0.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the employment services peer group is also "buy"

Wall Street's median 12-month price target for First Advantage Corp is $21.50

This summary was machine generated from LSEG data February 27 at 03:19 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)