APi (APG) Q1 Earnings and Revenues Beat Estimates

Core Insights - APi (APG) reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and showing an increase from $0.34 per share a year ago, resulting in an earnings surprise of 5.71% [1] - The company achieved revenues of $1.72 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.18% and up from $1.6 billion year-over-year [2] - APi shares have increased approximately 5.2% since the beginning of the year, contrasting with a decline of 5.3% in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $1.86 billion, and for the current fiscal year, it is $1.99 on revenues of $7.41 billion [7] - The estimate revisions trend for APi is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Business - Services industry, to which APi belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Bright Horizons Family Solutions (BFAM), is expected to report quarterly earnings of $0.63 per share, reflecting a year-over-year increase of 23.5% [9]