FirstService Corp. (FSV) revealed a profit for its third quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $60.533 million, or $1.34 per share. This compares with $32.651 million, or $0.73 per share, in last year's third quarter.
Excluding items, FirstService Corp. reported adjusted earnings of $1.63 per share for the period.
Analysts on average had expected the company to earn $1.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 25.0% to $1.396 billion from $1.117 billion last year.
FirstService Corp. earnings at a glance (GAAP) :
-Earnings (Q3): $60.533 Mln. vs. $32.651 Mln. last year.
-EPS (Q3): $1.34 vs. $0.73 last year.
-Revenue (Q3): $1.396 Bln vs. $1.117 Bln last year.
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