tiprankstipranks
Trending News
More News >

FirstService Posts Strong Q1 Revenue Growth

FirstService Posts Strong Q1 Revenue Growth

FirstService Corporation (TSE:FSV) has released an update.

FirstService Corporation has reported a robust start to the year with a 14% increase in first-quarter revenues to $1.16 billion, although Adjusted EPS fell to $0.67 from $0.85. Despite a slight dip in Operating Earnings and GAAP EPS, CEO Scott Patterson expressed confidence in achieving the company’s yearly targets. The growth was supported by a solid performance in their FirstService Residential and Brands segments, with notable organic growth and strategic acquisitions bolstering their market position.

For further insights into TSE:FSV stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App