03:44 PM EST - FirstService Corp. : reported its first-quarter net loss attributable to common shareholders narrowed significantly to $526,000 U.S. or $0.02 U.S. per share from $48.48 million U.S. or $1.65 U.S. per share last year. Adjusted earnings per share from continuing operations for the latest quarter grew 88% to $0.15 U.S. from $0.08 U.S. a year earlier. On average, four analysts polled by Thomson Reuters expected earnings per share of $0.17 U.S. for the quarter. Analysts' estimate typically excludes one-time items. Revenues for the quarter ended March 31, 2010 increased 11% to $402.39 million U.S. from $361.01 million U.S. in the comparable period. Two analysts estimated revenues of $389.63 million U.S. for the quarter. FirstService Corp.
shares T.FSV are trading down $0.18 at $24.37.
