FirstService: Q2 Earnings Snapshot – mySA

TORONTO (AP) _ FirstService Corp. (FSV) on Wednesday reported second-quarter net income of $34.6 million.

On a per-share basis, the Toronto-based company said it had net income of 78 cents. Earnings, adjusted for non-recurring costs and stock option expense, were $1.12 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.

The property services provider posted revenue of $930.7 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSV at https://www.zacks.com/ap/FSV

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