FirstService (Nasdaq: FSRV) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), FirstService missed slightly on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly. Non-GAAP loss per share shrank. GAAP loss per share stayed the same.

Margins contracted across the board.

Revenue details
 FirstService booked revenue of $498.1 million. The seven analysts polled by S&P Capital IQ expected revenue of $507.2 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at -$0.20. The eight earnings estimates compiled by S&P Capital IQ averaged -$0.02 per share. Non-GAAP EPS were -$0.20 for Q1 compared to -$0.22 per share for the prior-year quarter. GAAP EPS of -$0.55 were the same as the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 31.8%, 60 basis points worse than the prior-year quarter. Operating margin was -0.6%, 10 basis points worse than the prior-year quarter. Net margin was -2.9%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $610.2 million. On the bottom line, the average EPS estimate is $0.47.

Next year's average estimate for revenue is $2.44 billion. The average EPS estimate is $1.86.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FirstService is outperform, with an average price target of $35.14.