Stock Track | FirstService Plummets 5.06% on Mixed Q4 Results, Missing EPS Estimates

Stock Track

Feb 06, 2025

Shares of FirstService Corp. (FSV) plummeted 5.06% in pre-market trading on Wednesday, following the release of the company's fourth-quarter and full-year 2024 financial results. The property services provider reported adjusted earnings of $1.34 per share, missing analysts' estimates of $1.36 per share, despite beating revenue expectations.

The earnings miss seems to have dampened investor sentiment, as FirstService's revenue growth of 27% to $1.37 billion for the quarter was overshadowed by the slightly lower-than-expected earnings. While the company's revenue and adjusted EBITDA showed strong growth, driven by acquisitions and organic growth across its residential and brands segments, the missed earnings estimates appear to have raised concerns among investors.

Furthermore, FirstService's guidance for the upcoming quarter and full year, although not explicitly provided in the news articles, may have played a role in the stock's decline. Investors might have been disappointed with the company's outlook, despite its strong performance in 2024.

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(FSV) plummeted 5.06% in pre-market trading on Wednesday, following the release of the company's fourth-quarter and full-year 2024 financial results. The property services provider reported adjusted earnings of $1.34 per share, missing analysts' estimates of $1.36 per share, despite beating revenue expectations.</p>\n\n<p>The earnings miss seems to have dampened investor sentiment, as FirstService's revenue growth of 27% to $1.37 billion for the quarter was overshadowed by the slightly lower-than-expected earnings. While the company's revenue and adjusted EBITDA showed strong growth, driven by acquisitions and organic growth across its residential and brands segments, the missed earnings estimates appear to have raised concerns among investors.</p>\n\n<p>Furthermore, FirstService's guidance for the upcoming quarter and full year, although not explicitly provided in the news articles, may have played a role in the stock's decline. Investors might have been disappointed with the company's outlook, despite its strong performance in 2024.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | FirstService Plummets 5.06% on Mixed Q4 Results, Missing EPS Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | FirstService Plummets 5.06% on Mixed Q4 Results, Missing EPS Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-06 00:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of FirstService Corp. (FSV) plummeted 5.06% in pre-market trading on Wednesday, following the release of the company's fourth-quarter and full-year 2024 financial results. The property services provider reported adjusted earnings of $1.34 per share, missing analysts' estimates of $1.36 per share, despite beating revenue expectations.</p>\n\n<p>The earnings miss seems to have dampened investor sentiment, as FirstService's revenue growth of 27% to $1.37 billion for the quarter was overshadowed by the slightly lower-than-expected earnings. While the company's revenue and adjusted EBITDA showed strong growth, driven by acquisitions and organic growth across its residential and brands segments, the missed earnings estimates appear to have raised concerns among investors.</p>\n\n<p>Furthermore, FirstService's guidance for the upcoming quarter and full year, although not explicitly provided in the news articles, may have played a role in the stock's decline. Investors might have been disappointed with the company's outlook, despite its strong performance in 2024.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FSV","symbol_name":"FirstService Corporation","start_time":0,"source_url":"","article_id":"1152958325","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152958325","pubTimestamp":1738771950,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of FirstService Corp.  plummeted 5.06% in pre-market trading on Wednesday, following the release of the company's fourth-quarter and full-year 2024 financial results. 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