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FirstService Q2 2024 Earnings Report

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$186.17 -0.19 (-0.10%)
(As of 12:01 PM ET)

FirstService EPS Results

Actual EPS
$1.36
Consensus EPS
$1.26
Beat/Miss
Beat by +$0.10
One Year Ago EPS
$1.37

FirstService Revenue Results

Actual Revenue
$1.30 billion
Expected Revenue
$1.28 billion
Beat/Miss
Beat by +$15.17 million
YoY Revenue Growth
+15.90%

FirstService Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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FirstService Earnings Headlines

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About FirstService

FirstService (NASDAQ:FSV), together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers 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. This segment provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. Its FirstService Brands segment operates and provides essential property services to residential and commercial customers through franchise networks; and company-owned operations, including California Closets, Paul Davis Restoration, and CertaPro Painters operations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, Roofing Corp of America, First Onsite property Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.

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