The earnings call presented a solid financial performance with significant growth in revenue, EBITDA, and earnings per share. However, challenges such as organic revenue decline in the Roofing segment and flat revenues in Home Service Brands were noted. The company's strategic moves, such as debt reduction and acquisition efforts, were highlighted as positive steps towards growth.

Company Guidance -

Q3 2025

In the recent FirstService Corporation Q2 2025 conference call, CEO Scott Patterson and CFO Jeremy Rakusin provided detailed guidance on the company's financial performance and outlook. Total revenues for the quarter increased by 9% year-over-year, driven by tuck-under acquisitions and a 2% organic growth. The EBITDA rose by 19% to $157 million, with a consolidated margin of 11.1%, up 90 basis points from the previous year. Earnings per share also saw a significant boost, rising 26% over the prior year. The FirstService Residential division reported a 6% revenue increase with a 3% organic growth, while the FirstService Brands division experienced an 11% revenue increase. The Roofing segment saw a 25% revenue increase due to acquisitions, although organic revenues declined by about 10%. Meanwhile, the Century Fire division posted strong results with over 15% revenue growth, bolstered by double-digit organic growth. Looking ahead, the company expects mid-single-digit revenue growth and margin expansion to drive double-digit EBITDA growth for the remainder of 2025.

Revenue Growth

Total revenues were up 9% over the prior year, driven primarily by tuck-under acquisitions and organic growth in certain segments.

EBITDA and Margin Improvement

EBITDA for the quarter was up 19% to $157 million, reflecting a consolidated margin of 11.1%, up 90 basis points over the prior year.

Earnings Per Share Increase

Earnings per share were up 26% over the prior year.

Strong Performance in Century Fire

Revenues were up over 15% versus the prior year, including better-than-expected organic growth that hit double digits.

Leverage Reduction

The company paid down almost $70 million of debt during the period, reducing leverage to 1.8x from 2x at the end of Q1.

FirstService (FSV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FSV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	1.75 / -	1.642	―	―	―
Jul 24, 2025	2025 (Q2)	1.45 / 1.69	1.367	23.95% (+0.33)	―
Apr 24, 2025	2025 (Q1)	0.85 / 0.93	0.669	38.96% (+0.26)	―
Feb 05, 2025	2024 (Q4)	1.43 / 1.39	1.092	27.51% (+0.30)	―
Oct 24, 2024	2024 (Q3)	1.42 / 1.64	1.256	30.69% (+0.39)	―
Jul 25, 2024	2024 (Q2)	1.25 / 1.37	1.402	-2.49% (-0.03)	―
Apr 24, 2024	2024 (Q1)	0.66 / 0.67	0.842	-20.64% (-0.17)	―
Feb 06, 2024	2023 (Q4)	1.11 / 1.09	1.194	-8.53% (-0.10)	―
Oct 26, 2023	2023 (Q3)	1.24 / 1.26	1.155	8.82% (+0.10)	―
Jul 27, 2023	2023 (Q2)	1.28 / 1.40	1.05	33.45% (+0.35)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FSV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$179.06	$194.00	+8.34%
Apr 24, 2025	$172.44	$171.57	-0.50%
Feb 05, 2025	$181.06	$173.38	-4.24%
Oct 24, 2024	$183.69	$188.77	+2.77%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does FirstService Corporation (FSV) report earnings?

FirstService Corporation (FSV) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is FirstService Corporation (FSV) earnings time?

FirstService Corporation (FSV) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FSV EPS forecast?

FSV EPS forecast for the fiscal quarter 2025 (Q3) is 1.75.

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