BLUE BELL, Pa. (AP) — BLUE BELL, Pa. (AP) — BrightView Holdings Inc. (BV) on Tuesday reported a loss of $15.2 million in its fiscal first quarter.
On a per-share basis, the Blue Bell, Pennsylvania-based company said it had a loss of 26 cents. Losses, adjusted for one-time gains and costs, were 1 cent per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The investment company posted revenue of $614.7 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $587.9 million.
BrightView expects full-year revenue in the range of $2.67 billion to $2.73 billion.
BrightView shares have risen almost 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.65, a fall of 12% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BV at https://www.zacks.com/ap/BV
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