(RTTNews) - FirstService Corp. (FSV) reported a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's bottom line came in at $46.10 million, or $1.01 per share. This compares with $35.06 million, or $0.78 per share, last year.
Excluding items, FirstService Corp. reported adjusted earnings of $1.71 per share for the period.
Analysts on average had expected the company to earn $1.46 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 9.1% to $1.415 billion from $1.297 billion last year.
FirstService Corp. earnings at a glance (GAAP) :
-Earnings: $46.10 Mln. vs. $35.06 Mln. last year. -EPS: $1.01 vs. $0.78 last year. -Revenue: $1.415 Bln vs. $1.297 Bln last year.
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