TORONTO, June 24, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (NASDAQ:FSV) ("FirstService") announced today that FirstService Residential, the North American residential property management leader, has acquired San Francisco-based CitiScape Property Management Group, LLC ("CitiScape"). CitiScape's existing executive team will continue to lead day-to-day operations. Terms of the transaction were not disclosed. Founded in 1999, CitiScape is a leading full-service community association management firm in ...

TORONTO, June 24, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (NASDAQ:FSV) ("FirstService") announced today that FirstService Residential, the North American residential property management leader, has acquired San Francisco-based CitiScape Property Management Group, LLC ("CitiScape"). CitiScape's existing executive team will continue to lead day-to-day operations. Terms of the transaction were not disclosed. Founded in 1999, CitiScape is a leading full-service community association management firm in ...

GREENWOOD VILLAGE, Colo., June 18, 2024 (GLOBE NEWSWIRE) -- First Onsite Property Restoration (First Onsite), one of North America’s largest disaster recovery and restoration providers for commercial enterprises announced it has expanded operations and opened a new branch in Roanoke, Virginia to serve the city and the surrounding area. This is the company’s second new branch in Virginia following last week’s announcement of its new branch in Richmond. The Roanoke branch offers businesses First Onsite’s core ...

GREENWOOD VILLAGE, Colo., June 17, 2024 (GLOBE NEWSWIRE) -- First Onsite Property Restoration (First Onsite), one of North America’s largest disaster recovery and restoration providers for commercial enterprises is excited to co-host a Live Burn and Education Seminar on June 18 at the Randall Fire Department, in Twins Lakes, WI, beginning at 8:30 a.m. CT. Registration opens at 8 a.m. First Onsite is partnering with FireTech Inc, Fire and Explosion Investigations and fire expert John Knapp along with Attorne ...

文章核心观点 - 公司宣布在弗吉尼亚州里士满开设新分支机构,提供水灾、火灾、暴风雨和霉菌修复等商业灾难恢复服务 [1][2][3] - 新分支机构将补充公司在马纳萨、弗吉尼亚海滩和马里兰罗克维尔的现有服务 [2] - 该分支机构将在该地区发生飓风、火灾或洪水等区域性事件时作为业务运营基地 [4] 公司概况 - 公司是北美最大的商业灾难恢复和修复服务提供商之一 [5] - 公司在美国和加拿大拥有100多个分支机构 [5] - 公司专注于以人为本的文化,致力于为客户提供恢复、重建和崛起的服务 [5] - 公司是FirstService公司(纳斯达克股票代码:FSV,多伦多证券交易所股票代码:FSV)的子公司 [5]

TORONTO, June 06, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Roofing Corp of America (“RCA”), has acquired Crowther Roofing and Cooling (“Crowther”) and Hamilton Roofing (“Hamilton”). The additions of Crowther and Hamilton provide RCA with a strong new presence in the important Florida market and will collectively add more than $150 million in annual revenues. The existing management teams of both businesses have retained min ...

TORONTO, June 06, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Roofing Corp of America (“RCA”), has acquired Crowther Roofing and Cooling (“Crowther”) and Hamilton Roofing (“Hamilton”). The additions of Crowther and Hamilton provide RCA with a strong new presence in the important Florida market and will collectively add more than $150 million in annual revenues. The existing management teams of both businesses have retained min ...

文章核心观点 - 公司宣布派发每股0.25美元的季度现金股利 [1] - 公司是北美物业服务行业的领导者,通过两大业务平台提供服务 [2] - 公司年收入超过44亿美元,员工约2.9万人 [3] - 公司拥有长期创造价值和为股东带来超额回报的记录 [3] 公司概况 - 公司是北美物业服务行业的领导者,通过两大业务平台提供服务 [2] - 公司年收入超过44亿美元,员工约2.9万人 [3] - 公司拥有长期创造价值和为股东带来超额回报的记录 [3] 股利信息 - 公司宣布派发每股0.25美元的季度现金股利 [1] - 股利将于2024年7月5日支付给6月28日登记在册的股东 [1] - 该股利对加拿大纳税人而言是"合格股利" [1]

财务数据和关键指标变化 - 总收入同比增长14%,主要来自收购,有机增长为0% [5] - EBITDA同比增长1%,达到8300万美元 [5] 各条业务线数据和关键指标变化 - 住宅服务收入同比增长11%,有机增长8% [6] - 修复服务收入同比下降近10%,有机下降15% [8] - 新屋顶服务收入符合预期 [10] - 家居改造服务收入小幅增长,与去年持平 [11] - 消防服务收入有低双位数有机增长 [12] 各个市场数据和关键指标变化 - 住宅服务业务在佛罗里达州的CDD(社区开发区)管理服务是新的增长点 [6][7] - 修复服务业务受到天气因素影响,大型损失项目收入大幅下降 [8][9] - 新屋顶服务业务第一季度表现较弱,但预计后续季度会有较强增长 [10] - 家居改造服务业务受到宏观环境影响,但通过营销投入保持了收入水平 [11] - 消防服务业务保持强劲增长势头 [12] 公司战略和发展方向及行业竞争 - 公司通过收购Rizzetta & Company拓展了在佛罗里达州CDD管理服务的业务 [6][7] - 公司收购了Atlanta的All Restoration Solutions,进一步扩大了在乔治亚州的修复服务业务 [9] - 公司在屋顶服务、修复服务等领域面临激烈的并购竞争 [64][65][74] 管理层对经营环境和未来前景的评论 - 住宅服务业务增长预计将放缓至中单位数,受到保险费和立法变化的影响 [37][38][39][40][41][42] - 修复服务业务受天气因素影响,第二季度收入和利润率同比仍将下降 [32][33][34][35] - 家居改造服务业务面临宏观环境挑战,公司将调整营销投入策略 [57][58][59][60][61] - 消防服务业务增长预计将放缓至高单位数,受到去年同期强劲表现的影响 [54][55] 问答环节重要的提问和回答 问题1 **Stephen MacLeod 提问** 询问修复服务业务去年同期天气因素的影响 [32][33] **公司管理层回答** 去年第二季度天气因素带来约3000万美元收入,今年同期天气因素影响较小,但其他大型损失项目收入也有所下降 [33][34][35] 问题2 **Stephen Sheldon 提问** 询问公司在CDD管理服务方面的发展机会 [46][47] **公司管理层回答** CDD管理服务是新的服务领域,但不会成为住宅服务业务的主要增长点,主要是为大型社区开发项目提供配套服务 [47][48] 问题3 **Himanshu Gupta 提问** 询问消防服务业务强劲增长的原因 [53][54][55] **公司管理层回答** 消防服务业务增长得益于全国各地分支机构的良好表现,以及国内商业建筑市场的活跃,以及公司在多项服务的整合拓展 [54][55]

FirstService财务表现 - FirstService (FSV)在本季度每股收益为0.67美元，超过了Zacks Consensus Estimate的0.66美元[1] - FirstService在过去四个季度中，两次超过了市场预期的每股收益[2] - FirstService在2024年3月结束的季度实现了11.6亿美元的营收，超过了Zacks Consensus Estimate的2.72%[3] - FirstService股价自年初以来下跌了5.4%，表现不佳[4]