RBC Capital analysts provided their outlook on First Advantage's (NASDAQ:FA) upcoming Q1/23 earnings, expected to be released on May 10.
The analysts expect a roughly in-line quarter with tough year-over-year comps in H1/23 and slightly higher OPEX as a percentage of sales. Although comps get easier in H2/23, the analysts continue to monitor the quit rates and the hiring environment.
The analysts estimate Q1/23 revenues of $172 million (down 9.5% year-over-year), roughly in line with the Street estimate of $174 million. RBC Capital’s EPS estimate stands at $0.18, also below the Street estimate of $0.19.
Given the negative macro headwinds, the analysts expect the company to focus on controlling cost, leveraging automation, and up/cross-selling its existing customer base.
Symbol | Price | %chg |
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JTPE.JK | 270 | 0 |
7911.T | 4383 | 0 |
7912.T | 5249 | 0 |
ASGR.JK | 825 | 0 |
RBC Capital analysts provided their outlook on First Advantage's (NASDAQ:FA) upcoming Q1/23 earnings, expected to be released on May 10.
The analysts expect a roughly in-line quarter with tough year-over-year comps in H1/23 and slightly higher OPEX as a percentage of sales. Although comps get easier in H2/23, the analysts continue to monitor the quit rates and the hiring environment.
The analysts estimate Q1/23 revenues of $172 million (down 9.5% year-over-year), roughly in line with the Street estimate of $174 million. RBC Capital’s EPS estimate stands at $0.18, also below the Street estimate of $0.19.
Given the negative macro headwinds, the analysts expect the company to focus on controlling cost, leveraging automation, and up/cross-selling its existing customer base.