First Advantage Corporation (NASDAQ:FA ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Stephanie Gorman - Vice President of Investor Relations Scott Staples - Chief Executive Officer David Gamsey - Outgoing Chief Financial Officer Steven Marks - Chief Financial Officer Conference Call Participants Shlomo Rosenbaum - Stifel Andrew Steinerman - JPMorgan Daniel Maxwell - William Blair Ronan Kennedy - Barclays Jeffrey Silber - BMO Capital Markets Kyle Peterson - Needham Scott Wurtzel - Wolfe Research Operator Good day, everyone. My name is David, and I'll be your conference operator today.
First Advantage (FA) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.29 per share a year ago.
Maintain a hold rating on First Advantage due to ongoing macroeconomic uncertainties and increased leverage post-merger with STER. Despite the larger scale of the merger, the growth outlook remains unchanged, with continued poor base revenue and hiring demand. The combined entity's balance sheet is now highly leveraged, raising concerns about liquidity if the negative macro backdrop persists.
First Advantage Corporation's acquisition of Sterling Check led to a leveraged balance sheet and overvalued shares, impacting capital returns negatively. The company aims to integrate Sterling, achieve cost synergies, and focus on deleveraging to improve financial stability and future growth prospects. Despite strong industry positioning, high leverage and limited capital returns make First Advantage less attractive for long-term investors.
First Advantage Corporation (NASDAQ:FA ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Stephanie Gorman - Vice President of Investor Relations Scott Staples - Chief Executive Officer David Gamsey - Outgoing Chief Financial Officer Steven Marks - Chief Financial Officer Conference Call Participants Shlomo Rosenbaum - Stifel Andrew Steinerman - JPMorgan Andrew Nicholas - William Blair Manav Patnaik - Barclays Scott Wurtzel - Wolfe Research Operator Good day, everyone. My name is Ashley and I will be your conference operator today.
First Advantage (FA) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.28 per share a year ago.
First Advantage (FA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Investors need to pay close attention to First Advantage (FA) stock based on the movements in the options market lately.
Investors need to pay close attention to First Advantage (FA) stock based on the movements in the options market lately.
First Advantage Corporation (NASDAQ:FA ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Stephanie Gorman - VP of IR Scott Staples - CEO David Gamsey - CFO Conference Call Participants Shlomo Rosenbaum - Stifel Andrew Steinerman - JPMorgan Andrew Nicholas - William Blair Heather Balsky - Bank of America Merrill Lynch Kyle Peterson - Needham Operator Good day, everyone. My name is Todd and I will be your conference operator today.
First Advantage (FA) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago.