Firstservice Corp expected to post earnings of $1.29 a share - Earnings Preview

FirstService

23/07/2024 16:49

* Firstservice Corp  FSV.TO   is expected to show a rise in
quarterly revenue when it reports  results on July 25 for the
period ending January 1 0001
    * The Toronto Ontario-based  company is expected to report a
14.4% increase in revenue to $1.281 billion from $1.12 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.The company's guidance on April 24 2024, for the
period ended June 30, was for revenue of $1.008 billion. (SAL
represents Total Revenue)
    * ​LSEG's mean analyst estimate for Firstservice Corp is for
earnings of $1.29 per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Firstservice Corp
is $181.00​, below​ its last closing price of C$228.40. ​​​

The company's guidance on April 24 2024 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.0077606 billion and
USD125.98418 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.67        0.73       0.67      Missed  -8.8
 Dec. 31 2024  1.09        1.13       1.11      Missed  -2.1
 Jan. 1 0001   1.29                   1.25              -2​
 Jun. 30 2023  1.32        1.33       1.46      Beat    9.6
 ​​Mar.        0.81        0.81       0.85      Beat    5.5
 31 2023                                                
 Dec. 31 2022  1.18        1.18       1.22      Beat    3.2​
 Jan. 1 0001   1.20        1.20       1.17      Missed  -2.4
 Jun. 30 2022  1.15        1.15       1.12      Missed  -2.5
 This summary was machine generated July 23 at 15:49 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)