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FirstService Posts Strong Q1 Revenue Growth
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FirstService Posts Strong Q1 Revenue Growth

FirstService Corporation (TSE:FSV) has released an update.

FirstService Corporation has reported a robust start to the year with a 14% increase in first-quarter revenues to $1.16 billion, although Adjusted EPS fell to $0.67 from $0.85. Despite a slight dip in Operating Earnings and GAAP EPS, CEO Scott Patterson expressed confidence in achieving the company’s yearly targets. The growth was supported by a solid performance in their FirstService Residential and Brands segments, with notable organic growth and strategic acquisitions bolstering their market position.

For further insights into TSE:FSV stock, check out TipRanks’ Stock Analysis page.

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