FirstService Corp expected to post earnings of $1.18 a share - Earnings Preview

FirstService

03/02/2023 13:50

* FirstService Corp  FSV.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 7. 
    * The Toronto Ontario-based  company is expected to report 
a
13.7% increase in revenue to $974.4 million from $856.95 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on October 26
2022, for the period ended December 31, was for revenue between
$959.78 million and $985.49 million.
    * ​Refinitiv's mean analyst estimate for FirstService Corp
is for
earnings of $1.18 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
FirstService Corp
is $140​, below​ its last closing price of C$196.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.20        1.20       1.17      Missed  -2.4
 Jun. 30 2022  1.15        1.15       1.12      Missed  -2.5
 Mar. 31 2022  0.74        0.71       0.73      Beat    2.3​
 Dec. 31 2021  1.03        1.03       1.21      Beat    17.5
 ​​Sep.        1.20        1.19       1.50      Beat    26.4
 30 2021                                                
 Jun. 30 2021  1.03        1.03       1.21      Beat    17​
 Mar. 31 2021  0.46        0.46       0.66      Beat    42.9
 Dec. 31 2020  0.80        0.80       1.02      Beat    27.5
 This summary was machine generated February 3 at 13:50 GMT.  All
figures in US dollars  unless otherwise stated