Brief: Firstservice Q2 Adjusted EPS USD 1.71 Vs. IBES Estimate USD 1.47

FirstService

24/07/2025 12:31

Overview

FirstService Q2 revenue rises 9% yr/yr, beating analyst expectations

Adjusted EPS for Q2 increases 26%, surpassing analyst estimates

Growth driven by Residential and Brands segments, aided by acquisitions

Outlook

Company says on track to meet 2025 goals despite macroeconomic uncertainties

Result Drivers

RESIDENTIAL SEGMENT - Revenue grew 6% with 3% organic growth, driven by efficiencies in property management service delivery

BRANDS SEGMENT - Revenue increased 11%, aided by recent acquisitions and strong performance in Century Fire Protection

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.42 bln
$1.40 bln (4 Analysts)
Q2 Adjusted EPS
Beat
$1.71
$1.47 (8 Analysts)
Q2 EPS
$1.01


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate services peer group is "buy"

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nGNX9gYDt

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)