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FirstService (FSV) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-24 14:17
Group 1: Earnings Performance - FirstService reported quarterly earnings of $1.71 per share, exceeding the Zacks Consensus Estimate of $1.45 per share, and up from $1.36 per share a year ago, representing an earnings surprise of +17.93% [1] - The company posted revenues of $1.42 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.30%, compared to $1.3 billion in the same quarter last year [2] Group 2: Stock Performance and Outlook - FirstService shares have declined approximately 1.1% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The current consensus EPS estimate for the upcoming quarter is $1.77 on revenues of $1.48 billion, and for the current fiscal year, it is $5.61 on revenues of $5.56 billion [7] Group 3: Industry Context - The Real Estate - Operations industry, to which FirstService belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - RE/MAX, another company in the same industry, is expected to report a quarterly earnings decline of -14.6% with revenues projected at $73.47 million, down 6.4% from the previous year [9][10]
FirstService (FSV) Tops Q1 Earnings Estimates
ZACKS· 2025-04-24 13:50
Core Viewpoint - FirstService (FSV) reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.84 per share, and showing an increase from $0.67 per share a year ago, representing an earnings surprise of 9.52% [1] Financial Performance - The company posted revenues of $1.25 billion for the quarter ended March 2025, which was 3.03% below the Zacks Consensus Estimate, compared to $1.16 billion in the same quarter last year [2] - Over the last four quarters, FirstService has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - FirstService shares have declined approximately 4.6% since the beginning of the year, while the S&P 500 has decreased by 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $1.51 on revenues of $1.42 billion, and for the current fiscal year, it is $5.63 on revenues of $5.61 billion [7] Industry Context - The Real Estate - Operations industry, to which FirstService belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact FirstService's stock performance [5]