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FirstService's U.S.-Listed Shares Up In Pre-Market on Q4 Net Earnings and Revenue Rise
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FirstService's U.S.-Listed Shares Up In Pre-Market on Q4 Net Earnings and Revenue Rise
Mar 11, 2026 2:56 AM

08:14 AM EST, 02/04/2026 (MT Newswires) -- FirstService's ( FSV ) U.S.-listed shares rose 3.2% in pre-market trade on Wednesday after it reported an increase in net earnings and revenue in the fourth quarter and also beat analyst expectations of adjusted earnings per share.

For the three months-ended Dec. 31, the company reported net earnings of US$50.3 million or adjusted EPS of $1.37 compared with $50.2 million or EPS of $1.34, a year earlier, beating consensus estimate compiled by FactSet of $1.32 adjusted EPS.

Revenue for the quarter rose to $1.38 billion, compared with $1.37 billion a year-ago. The result was in-line with consensus estimate compiled by FactSet of $1.38 billion.

"Looking forward, as market conditions normalize, we are confident that our organic growth will return to levels approaching our long-term track record and future targets," said FirstService's ( FSV ) chief executive Scott Patterson.

FirstService Residential generated revenue of $563.1 million for Q4, up 8% relative to the prior-year quarter, driven by contract wins.

FirstService Brands recorded revenues of $820.3 million, down 3% compared with the prior-year period. The company said revenue decreased 7% on an organic basis, primarily due to reduced weather events and large-loss claims compared to the prior-year quarter at its restoration brands, as well as tempered activity levels in its roofing operations.

On Tuesday, FirstService ( FSV ) had declared a quarterly cash dividend of $0.305 per common share, up from the previous $0.275 per common share, payable on April 7, to holders of common shares of record at the close of business on March 31.

U.S.-listed shares of the company were last seen up $4.88 at $159.43 in pre-market trading.

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