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FirstService: 2Q Earnings Snapshot

July 24, 2019

TORONTO (AP) _ FirstService Corp. (FSV) on Wednesday reported a second-quarter loss of $279 million, after reporting a profit in the same period a year earlier.

The Toronto-based company said it had a loss of $7.40 per share. Earnings, adjusted for non-recurring costs and non-recurring costs, came to $1.12 per share.

The property services provider posted revenue of $573.9 million in the period.

FirstService shares have increased 45% since the beginning of the year. The stock has increased 26% in the last 12 months.

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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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