FirstService gains on upbeat Q3 results

FirstService

28/10/2020 14:23

** Shares of Canadian real estate firm  FSV.TO  up 4.44% at
C$176.1 in early trade
    ** Co posts Q3 adj EPS of $1.19 per share, beating Street
expectations of 75 cents per share - Refinitiv IBES data
 urn:newsml:reuters.com:*:nGNX37wDmW
    ** Reports a 10% YoY rise in Q3 rev to $741.9mln, above
analysts est of $688.3mln  
    ** "We are pleased to have rebounded this quarter to report
strong organic growth, buoyed by increased activity levels in
restoration" - CEO Scott Patterson    
    ** Including session's gains, stock has risen ~45% so far
this year; U.S. listed shares  FSV.N  are up 2.73% 

 (Reporting by Amal S in Bengaluru)
 ((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780;
outside U.S. +91 80 6749 3677;))