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TORONTO (AP) — TORONTO (AP) — FirstService Corp. (FSV) on Tuesday reported fourth-quarter earnings of $38.2 million.
On a per-share basis, the Toronto-based company said it had net income of 86 cents. Earnings, adjusted for one-time gains and costs, were $1.22 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The property services provider posted revenue of $1.02 billion in the period.
For the year, the company reported profit of $121.1 million, or $2.72 per share. Revenue was reported as $3.75 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FSV">Zacks stock report on FSV at https://www.zacks.com/ap/FSV