APi (APG) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - APi reported revenue of $1.86 billion for the quarter ended December 2024, reflecting a year-over-year increase of 5.8% and surpassing the Zacks Consensus Estimate of$ 1.84 billion by 1.09% [1] - Earnings per share (EPS) for the quarter was $0.51, up from$ 0.44 in the same quarter last year, representing a surprise of 6.25% against the consensus estimate of $0.48 [1] Revenue Breakdown - Safety Services generated net revenues of$ 1.40 billion, exceeding the average estimate of $1.36 billion by analysts, with a year-over-year growth of 13% [4] - Specialty Services reported net revenues of$ 463 million, falling short of the average estimate of $485.28 million, marking an 11.8% decline year-over-year [4] - Corporate and Eliminations segment showed net revenues of -$ 1 million, better than the estimated -$2 million, but reflecting a significant year-over-year decrease of 75% [4] Stock Performance - APi's shares have returned +8.1% over the past month, contrasting with a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]