BrightView Reports Fourth Quarter and Full Year Fiscal 2019 Results
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BrightView Holdings (BV) Tops Q4 EPS by 2c, Revenues Beat; Offers FY20 Revenue Outlook
November 21, 2019 6:03 AM ESTBrightView Holdings (NYSE: BV) reported Q4 EPS of $0.44, $0.02 better than the analyst estimate of $0.42. Revenue for the quarter came in at $624.8 million versus the consensus estimate of $621.36 million.
Fourth Quarter Fiscal 2019 Highlights
Total Revenues for the quarter were $624.8 million, a 7.4% increase versus the prior year, with 5.1% higher Maintenance Services Segment revenues and 14.0% higher Development Services Segment revenues;Maintenance Services Segment revenue of $455.4 million benefitted from growth in underlying commercial landscaping revenue and acquisitions;Development Services Segment revenue of $170.7 million was the highest quarterly result in the segments... More