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FirstService: Q3 Earnings Snapshot

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TORONTO (AP) — TORONTO (AP) — FirstService Corp. (FSV) on Thursday reported third-quarter profit of $42.9 million.

On a per-share basis, the Toronto-based company said it had profit of 99 cents. Earnings, adjusted for one-time gains and costs, came to $1.89 per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.90 per share.

The property services provider posted revenue of $1.53 billion in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSV at https://www.zacks.com/ap/FSV

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