First Advantage Corp reports results for the quarter ended June 30 - Earnings Summary

• First Advantage Corp FA reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of ten analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 22 cents to 25 cents per share.

• Revenue rose 111.7% to $390.63 million from a year ago; analysts expected $381.07 million.

• First Advantage Corp's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $308 thousand.

• First Advantage Corp shares had fallen by 2.4% this quarter and lost 13.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "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 $19.00, about 14.7% above its last closing price of $16.21

This summary was machine generated from LSEG data August 7 at 03:52 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)