First Advantage: Q4 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — First Advantage Corp. (FA) on Thursday reported fourth-quarter profit of $14.8 million.

The Atlanta-based company said it had profit of 10 cents per share. Earnings, adjusted for one-time gains and costs, were 29 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The provider of background screening services posted revenue of $202.6 million in the period.

For the year, the company reported profit of $37.3 million, or 26 cents per share. Revenue was reported as $763.8 million.

First Advantage expects full-year earnings in the range of 88 cents to 98 cents per share, with revenue in the range of $750 million to $800 million.


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