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First Advantage Q3 Adjusted Earnings, Revenue Decline
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First Advantage Q3 Adjusted Earnings, Revenue Decline
Nov 12, 2024 4:22 AM

06:58 AM EST, 11/12/2024 (MT Newswires) -- First Advantage ( FA ) reported Q3 adjusted earnings Tuesday of $0.26 per diluted share, down from $0.28 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Revenue for the quarter ended Sept. 30 was $199.1 million, compared with $200.4 million a year earlier.

Analysts polled by Capital IQ expected $204.3 million.

The company reiterated its standalone 2024 guidance of $0.88 to $0.98 in adjusted EPS on revenue of $750 million to $800 million. Analysts polled by Capital IQ expected $0.92 in adjusted EPS on revenue of $771.6 million.

Including its acquisition of Sterling Check, which closed on Oct. 31, First Advantage ( FA ) estimates 2024 adjusted EPS of $0.83 to $0.95 on revenue of $858 million to $918 million.

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