FirstService Corp. (FSV) revealed a profit for its fourth quarter that increased from last year but missed the Street estimates.
The company's bottom line totaled $32.48 million, or $0.71 per share. This compares with $6.26 million, or $0.14 per share, last year.
Excluding items, FirstService Corp. reported adjusted earnings of $60.95 million or $1.34 per share for the period.
Analysts on average had expected the company to earn $1.38 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 26.5% to $1.365 billion from $1.079 billion last year.
FirstService Corp. earnings at a glance (GAAP) :
-Earnings: $32.48 Mln. vs. $6.26 Mln. last year.
-EPS: $0.71 vs. $0.14 last year.
-Revenue: $1.365 Bln vs. $1.079 Bln last year.
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