FirstService Delivers Stunning 30.4% Earnings Surge in Latest Quarter

FirstService Delivers Stunning 30.4% Earnings Surge in Latest Quarter

We love FirstService’s exceptional operational execution through its dual-segment business model, combining stable property management services with high-growth branded operations. The company’s recent quarterly performance showcases its ability to drive both organic growth and successfully integrate strategic acquisitions, resulting in a 25% revenue gain.

The company’s… Read More

FirstService and Collier add market share

These two firms, which provide a variety of specialized real estate services, are hitting new all-time highs. That’s partly due to acquisitions that expand their market share and attract new clients. We feel both can move even higher as falling interest rates spur construction and… Read More

FirstService reports 15.9% revenue surge

FirstService reports 15.9% revenue surge

Fewer weather-related projects and higher interest costs are impacting FirstService’s bottom line but we expect the earnings dip to be temporary as the firm continues to make smart acquisitions in a largely fragmented industry.

 The stock trades at 35.9 times the company’s forward earnings forecast, a.. Read More

Use our updates to enhance your portfolio: FirstService, Ovintiv & Telus Int.

FIRSTSERVICE CORP. $210 is a buy for aggressive investors. The company (Toronto symbol FSV; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 45.0 million; Market cap: $9.5 billion; Price-to-sales ratio: 1.5; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.firstservice.com) provides property management services to businesses and individuals.
In the first… Read More