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First Advantage: Q3 Earnings Snapshot
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ATLANTA (AP) — ATLANTA (AP) — First Advantage Corp. (FA) on Thursday reported third-quarter net income of $20.5 million.

The Atlanta-based company said it had net income of 12 cents per share. Earnings, adjusted for one-time gains and costs, came to 38 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The provider of background screening services posted revenue of $465.8 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $438.5 million.

First Advantage expects full-year earnings in the range of $1.30 to $1.33 per share, with revenue in the range of $1.72 billion to $1.75 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FA at https://www.zacks.com/ap/FA

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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