Firstservice Corp reports results for the quarter ended in December - Earnings Summary

FirstService

06/02/2024 14:31

* Firstservice Corp  FSV.TO  reported quarterly adjusted
earnings
of $1.11​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of $1.22.  The mean expectation of six analysts for the quarter
was for earnings of $1.13 per share. Wall Street expected
results to range from $1.07  to $1.23 per share.
    * Revenue rose 5.8% to $1.08 billion from a year ago;
analysts
expected $1.08 billion. 
    * Firstservice Corp's reported EPS for the quarter was 14
cents​.
    * The company reported quarterly net income of $23.78
million.
    * Firstservice Corp shares had risen by 5.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
services peer group is also "buy"

Wall Street's median 12-month price target for Firstservice Corp
is $176.00 
This summary was machine generated from LSEG data February 6 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.13           1.11           Missed
 Sep. 30 2023      1.28           1.25           Missed
 Jun. 30 2023      1.33           1.46           Beat
 Mar. 31 2023      0.81           0.85           Beat