Earnings Surprise Are On Cards For FirstService Corporation (FSV)?

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FirstService Corporation (NASDAQ:FSV) is expected to report second quarter earnings results, before market open, on Thursday 23rd July 2020.

Previous Quarter Performance

FirstService Corporation disclosed income for the first quarter of $ 0.37 per share, from the revenue of $ 633.83 million. The consensus estimates are income of $ 0.47 per share from $ 415.05 million in revenue. The bottom line results missed street analysts by $ 0.1 or 21.28 percent, at the same time, top line results outshined analysts by $ 218.78 million or 52.71 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of FSV was $ 106.14, representing a 84.98 % increase from the 52 week low of $ 57.38 and a 7.6 % decrease over the 52 week high of $ 114.87.

The company has a market capital of $ 4.59 billion and is part of the Real Estate sector and Real Estate Services industry.

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Conference Call

FirstService Corporation will be hosting a conference call at 11:00 AM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.firstservice.com

FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. The company operates through two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment provides property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.