Market Overview

FirstService: Q2 Earnings Insights

Share:

Shares of FirstService (NASDAQ:FSV) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share were down 23.21% year over year to $0.86, which may not compare to the estimate of $0.25.

Revenue of $621,597,000 up by 8.31% year over year, which beat the estimate of $401,830,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 23, 2020

Time: 11:00 AM

ET Webcast URL: https://www.firstservice.com/investors/upcoming_events.html

Recent Stock Performance

52-week high: $114.87

Company's 52-week low was at $57.38

Price action over last quarter: Up 30.36%

Company Profile

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company's revenue. FirstService Brands provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.

 

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Posted-In: Earnings News

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