Firstservice Corp expected to post earnings of 73 cents a share - Earnings Preview

FirstService

22/04/2024 13:35

* Firstservice Corp  FSV.TO   is expected to show a rise in
quarterly revenue when it reports  results on April 24 for the
period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report a
10.4% increase in revenue to $1.124 billion from $1.02 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.The company's guidance on February 6 2024, for the
period ended March 31, was for revenue of $1.120 billion.
    * ​LSEG's mean analyst estimate for Firstservice Corp is for
earnings of 73 cents 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 $180.59​, below​ its last closing price of C$205.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.09        1.13       1.11      Missed  -2.1
 Sep. 30 2023  1.29        1.28       1.25      Missed  -2
 Jun. 30 2023  1.32        1.33       1.46      Beat    9.6​
 Mar. 31 2023  0.81        0.81       0.85      Beat    5.5
 ​​Dec.        1.18        1.18       1.22      Beat    3.2
 31 2022                                                
 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
 This summary was machine generated April 22 at 12:35 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)