First American Financial Corp expected to post earnings of $1.32 a share - Earnings Preview

First American Financial

07/02/2023 11:47

* First American Financial Corp  FAF.N   FAF  is expected
to show
a fall in quarterly revenue when it reports  results on February
9. 
    * The Santa Ana California-based  company is expected to
report  a
23.1% decrease in revenue to $1.824 billion from $2.37 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First American
Financial
Corp is for earnings of $1.32 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First
American
Financial Corp is $61​, below​ its last closing price of $61.57.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.53        1.52       1.62      Beat    6.5
 Jun. 30 2022  1.62        1.63       1.97      Beat    21.1
 Mar. 31 2022  1.23        1.22       1.17      Missed  -3.8​
 Dec. 31 2021  1.95        1.78       2.28      Beat    28.1
 ​​Sep.        1.88        1.86       2.15      Beat    15.7
 30 2021                                                
 Jun. 30 2021  1.67        1.67       2.13      Beat    27.6​
 Mar. 31 2021  1.41        1.34       1.64      Beat    22.6
 Dec. 31 2020  1.73        1.72       2.11      Beat    22.6
 This summary was machine generated February 7 at 11:47 GMT.  All
figures in US dollars  unless otherwise stated