(RTTNews) - FirstService Corp. (FSV.TO) released earnings for third quarter that Decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $57.17 million, or $1.24 per share. This compares with $60.53 million, or $1.34 per share, last year.
Excluding items, FirstService Corp. reported adjusted earnings of $80.81 million or $1.76 per share for the period.
Analysts on average had expected the company to earn $1.73 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.7% to $1.447 billion from $1.396 billion last year.
FirstService Corp. earnings at a glance (GAAP) :
-Earnings: $57.17 Mln. vs. $60.53 Mln. last year. -EPS: $1.24 vs. $1.34 last year. -Revenue: $1.447 Bln vs. $1.396 Bln last year.
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