FirstService (FSV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
FirstService is a real estate services company specializing in property management and maintenance. The company reported positive Q2'24 results, with revenues up 15.9% and adjusted EBITDA up 11.9%. With dominant market positions in several industries operating recognizable brands with geographical reach, the company has a scale advantage that enables it to achieve both organic and inorganic growth.
FirstService Corporation (NASDAQ:FSV ) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Scott Patterson – Chief Executive Officer Jeremy Rakusin – Chief Financial Officer Conference Call Participants Stephen MacLeod – BMO Capital Markets Frederic Bastien – Raymond James Tom Callaghan – RBC Capital Markets Stephen Sheldon – William Blair Tim James – TD Securities Himanshu Gupta – Scotiabank Daryl Young – Stifel Operator Good day and thank you for standing by. Welcome to the FirstService Corporation Second Quarter 2024 Earnings Conference Call.
FirstService (FSV) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.46 per share a year ago.