FirstService (FSV) Tops Q4 EPS by 15c, Revenues Beat

FirstService (NASDAQ: FSV) reported Q4 EPS of $0.62, $0.15 better than the analyst estimate of $0.47. Revenue for the quarter came in at $503.3 million versus the consensus estimate of $415.05 million.

• Fourth Quarter Revenues Up 13%; 8% Organic Growth
• Robust Annual Revenue and Earnings Growth

“We are pleased to report a very robust fourth quarter of financial results, cementing our strong performance throughout 2018. All of our major service lines capped off the year with higher than expected organic growth,” said Scott Patterson, Chief Executive Officer of FirstService. “This strong finish reinforces our confidence around the positioning of our businesses as we kick off the new year.”

For earnings history and earnings-related data on FirstService (FSV) click here.

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