Stock Track | FirstService Soars 5.42% on Strong Q2 Results, Beating Earnings and Revenue Expectations

Stock Track

Jul 24, 2025

Shares of FirstService Corporation (FSV) are soaring 5.42% in pre-market trading on Thursday following the release of the company's impressive second-quarter 2025 financial results. The property services leader significantly outperformed analyst expectations, demonstrating robust growth and improved profitability.

FirstService reported adjusted earnings per share of $1.71 for the quarter, handily beating the consensus estimate of $1.46 and marking a substantial 25.74% increase from $1.36 per share in the same period last year. Revenue for the quarter also exceeded expectations, coming in at $1.42 billion compared to the analyst consensus of $1.40 billion. This represents a 9.09% year-over-year increase from $1.298 billion in the second quarter of 2024.

The company's strong performance was driven by solid top-line growth and notable operating margin expansion. FirstService CEO Scott Patterson commented on the results, stating, "We are pleased to report strong financial results which largely mirrored the year-over-year growth profile we saw in the first quarter." He added that despite continued macroeconomic uncertainty, the resilient top-line performance and strong profitability across operations during the first half of the year put the company well on track to deliver on its goals for 2025.

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The property services leader significantly outperformed analyst expectations, demonstrating robust growth and improved profitability.</p>\n\n<p>FirstService reported adjusted earnings per share of $1.71 for the quarter, handily beating the consensus estimate of $1.46 and marking a substantial 25.74% increase from $1.36 per share in the same period last year. Revenue for the quarter also exceeded expectations, coming in at $1.42 billion compared to the analyst consensus of $1.40 billion. This represents a 9.09% year-over-year increase from $1.298 billion in the second quarter of 2024.</p>\n\n<p>The company's strong performance was driven by solid top-line growth and notable operating margin expansion. 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