Stock Track | FirstService Soars 5.31% Intraday on Strong Q4 Earnings Beat

Stock Track

Feb 04

FirstService Corporation (FSV) saw its stock price surge 5.31% during Wednesday's intraday trading session. The significant upward movement followed the company's release of its fourth-quarter financial results.

The property services leader reported adjusted earnings per share of $1.37 for the quarter, exceeding analyst estimates of $1.28 by 7.03%. Revenue came in at $1.383 billion, also beating consensus expectations of $1.365 billion. Both metrics showed year-over-year growth, with earnings increasing 2.24% and revenue rising 1.32% compared to the same period last year.

This positive earnings surprise, with the company outperforming on both top and bottom lines, appears to have driven investor optimism and contributed to the stock's substantial price appreciation during the trading day.

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The significant upward movement followed the company's release of its fourth-quarter financial results.</p><p>The property services leader reported adjusted earnings per share of $1.37 for the quarter, exceeding analyst estimates of $1.28 by 7.03%. Revenue came in at $1.383 billion, also beating consensus expectations of $1.365 billion. Both metrics showed year-over-year growth, with earnings increasing 2.24% and revenue rising 1.32% compared to the same period last year.</p><p>This positive earnings surprise, with the company outperforming on both top and bottom lines, appears to have driven investor optimism and contributed to the stock's substantial price appreciation during the trading day.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FSV","symbol_name":"FirstService Corporation","start_time":0,"source_url":"","article_id":"1136606448","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136606448","pubTimestamp":1770217095,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"FirstService Corporation (FSV) saw its stock price surge 5.31% during Wednesday's intraday trading session. 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