First Acceptance Revenue, Profits - FAC Quarterly Income Statement

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$0.85 $0.27 (24.11%) FAC stock closing price Mar 19, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the First Acceptance stock price. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. The income statement for FAC which shows a YOY revenue decline of -5.94% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. The operating expenses as shown in the First Acceptance profit and loss statement for 2017 Q3 total to $0. This line item shows that the operating expenses has decreased compared with last year. Also check: First Acceptance assets and First Acceptance free cash flow.

View and download details of revenue and profits for First Acceptance for latest & last 40 quarters.
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
First Acceptance Revenues or Net Sales
Cost Of Goods Sold (COGS)80.4M90.68M84.33M91.37M100.01M131.07M103.06M85.72M86.67M
First Acceptance Gross Profit
Research & Development Expense---------
Selling General & Admin Expense--------3.73M
Income Before Depreciation Depletion Amortization5.21M-3.42M-3.87M1.66M-28.67M-6.43M2.28M-2.79M
Depreciation Depletion Amortization---------
Non Operating Income---------
Interest Expense1.14M1.13M1.09M1.11M1.08M1.07M1.05M1.05M1.05M
First Acceptance Pretax Income
Provision for Income Taxes1.35M-0.57M--2.29M--10.7M-2.86M--1.5M
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations2M-0.9M--3.55M-0.33M-19.9M-5.51M--3.02M
Extraordinary Items & Discontinued Operations---------
First Acceptance Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS41.23M41.16M41.18M41.04M41.1M41.06M41.06M41.38M41.04M
Average Shares used to compute Basic EPS41.2M41.16M41.16M41.04M41.1M41.06M41.06M41.04M41.04M
Income Before Nonrecurring Items2M-0.9M--3.55M-3.52M-19.9M-5.51M--0.56M
Income from Nonrecurring Items----3.18M----2.46M
First Acceptance Earnings Per Share Basic Net
First Acceptance Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.05-0.020.02-0.09-0.09-0.48-0.130.01-0.01
Preferred Dividends Acc Pd---------
Dividends Common0.00--------
Dividend Per Share Common0.
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on First Acceptance stock analysis. It helps to look at the following income statement items:

  • Topline: A growing topline, as seen from the First Acceptance revenue chart, as isn't the case with First Acceptance indicates a sagging business. One needs to compare the QoQ topline or sales growth of FAC stock with its peers like CNFR stock and ICCH stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $2M for First Acceptance for 2017 Q3. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called the profit and loss statement. Apart from the FAC income statement, one can check the First Acceptance historical stock prices to check how the price has moved with time.

First Acceptance Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
Operating Margin
Dividend Yield