Investing.com - FirstService reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
FirstService announced earnings per share of $1.17 on revenue of $960.50. Analysts polled by Investing.com anticipated EPS of $1.20 on revenue of $930.8M.
FirstService shares are down 27% from the beginning of the year , still down 36.67% from its 52 week high of $202.71 set on Thursday, October 28, 2021.
FirstService follows other major Real Estate sector earnings this month
FirstService's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
Crown Castle had missed expectations on Wednesday, October 19, 2022 with third quarter EPS of $0.97 on revenue of $1.57B, compared to forecast for EPS of $0.9763 on revenue of $1.73B.
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