FirstService: Q3 Earnings Snapshot

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TORONTO (AP) — TORONTO (AP) — FirstService Corp. (FSV) on Thursday reported third-quarter earnings of $60.5 million.

The Toronto-based company said it had profit of $1.34 per share. Earnings, adjusted for one-time gains and costs, came to $1.63 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The property services provider posted revenue of $1.4 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $1.32 billion.

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