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 and are trading at $128.37 , down-from-52-week-high.
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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