April 23 (Reuters) - FirstService Corp FSV.TO :
* FIRSTSERVICE REPORTS FIRST QUARTER RESULTS AND COVID-19 UPDATE
* Q1 GAAP EARNINGS PER SHARE $0.13
* Q1 REVENUE $633.8 MILLION
* Q1 EARNINGS PER SHARE ESTIMATE $0.31 -- REFINITIV IBES DATA
* EMERGENCE OF COVID-19 PANDEMIC IN NORTH AMERICA DURING MARCH HAD A SWIFT IMPACT ON OUR OPERATIONS
* FIRSTSERVICE - EXPECT TO SEE MEANINGFUL DECLINE IN Q2 YOY FINANCIAL RESULTS, BOTH IN TOP-LINE GROWTH & OPERATING MARGINS, WITH MORE PRONOUNCED EFFECT IN BRANDS DIVISION
* TO MITIGATE CORONAVIRUS IMPACT PROACTIVELY ENGAGED IN COST CONTAINMENT MEASURES IN FORM OF PERSONNEL FURLOUGHS, SALARY CUTS
* FIRSTSERVICE - TO MITIGATE CORONAVIRUS IMPACT PROACTIVELY ENGAGED IN COST CONTAINMENT MEASURES IN FORM OF OTHER DISCRETIONARY OPERATING, CAPEX REDUCTION