BrightView expects full-year 2027 revenue of $2.54 billion to $2.72 billion, below the $2.76 billion analysts expected, according to FactSet. The company cited softening demand in its development business as quarterly revenue fell 3.6% to $677.3 million, compared with Wall Street’s $723.8 million estimate.

Fourth-quarter profit was $8.3 million, or a loss of 1 cent a share, down from $27.7 million, or 12 cents a share, a year earlier. Adjusted earnings were 18 cents a share, below analysts’ estimate of 26 cents, according to FactSet.

Development services revenue decreased by $39.9 million, partly offset by a $15.3 million increase in maintenance services. BrightView shares closed down 3.5% at $11.33 Tuesday and have fallen 10% year to date.