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

• First Advantage Corp FA.OQ reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 12 cents to 14 cents per share.

• Revenue rose 109.3% to $354.59 million from a year ago; analysts expected $344.34 million.

• First Advantage Corp's reported EPS for the quarter was a loss of 24 cents​.

• The company reported a quarterly loss of $41.19 million.

• First Advantage Corp shares had risen by 6.2% this quarter and lost 20.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27.9% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "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 $16.00

This summary was machine generated from LSEG data May 8 at 01:32 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)