Fidelity National Financial Inc reports results for the quarter ended in December - Earnings Summary

Fidelity National Financial

23/02/2024 03:01

* Fidelity National Financial Inc  FNF.N  reported quarterly
adjusted earnings of 75 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of $1.06.  The mean expectation of
seven analysts for the quarter was for earnings of $1.00 per
share. Wall Street expected results to range from 86 cents
to $1.11 per share.
    * Revenue rose 34.4% to $3.43 billion from a year ago;
analysts
expected $2.89 billion. 
    * Fidelity National Financial Inc's reported EPS for the
quarter
was a loss of 25 cents​.
    * The company reported a quarterly loss of $69 million.
    * Fidelity National Financial Inc shares had risen by 3.5%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "buy"

Wall Street's median 12-month price target for Fidelity National
Financial Inc is $59.00 
This summary was machine generated from LSEG data February 23 at
02:59 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.00           0.75           Missed
 Sep. 30 2023      1.13           1.23           Beat
 Jun. 30 2023      1.01           1.01           Met
 Mar. 31 2023      0.81           0.52           Missed