First Advantage Q2 2024 Adj. EPS $0.21, Inline, Sales $184.546M Miss $184.606M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Advantage (NASDAQ:FA) reported Q2 2024 adjusted EPS of $0.21, meeting analyst expectations. However, the company's sales of $184.546 million slightly missed the $184.606 million estimate, representing a 0.41% decrease from the same period last year.
August 08, 2024 | 11:45 am
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First Advantage reported Q2 2024 adjusted EPS of $0.21, meeting expectations, but sales of $184.546 million missed the $184.606 million estimate and decreased by 0.41% YoY.
The EPS meeting expectations is neutral news, while the slight miss in sales and the YoY decrease could be seen as minor negatives. Overall, the impact on the stock price is likely to be neutral in the short term.
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IMPORTANCE 70
RELEVANCE 100