First American Financial Corp expected to post earnings of $1.53 a share - Earnings Preview

First American Financial

25/10/2022 11:47

* First American Financial Corp  FAF.N   FAF  is expected
to show
a fall in quarterly revenue when it reports  results on October
27. 
    * The Santa Ana California-based  company is expected to
report  a
19.7% decrease in revenue to $2.053 billion from $2.56 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 $1.53 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for First
American
Financial Corp is $63​, above​ its last closing price of $44.92.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  1.88        1.86       2.15      Beat    15.7
 ​​Jun.        1.67        1.67       2.13      Beat    27.6
 30 2021                                                
 Mar. 31 2021  1.41        1.34       1.64      Beat    22.6​
 Dec. 31 2020  1.73        1.72       2.11      Beat    22.6
 Sep. 30 2020  1.35        1.35       1.31      Missed  -2.8
 This summary was machine generated October 25 at 10:47 GMT.  All
figures in US dollars  unless otherwise stated