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 estimates 2024 adjusted EPS of $0.83 to $0.95 on revenue of $858 million to $918 million.
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