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FAF — First American Financial News Story

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First American Financial Corp reports results for the quarter ended December 31 - Earnings Summary

* First American Financial Corp  FAF.N  reported quarterly
adjusted earnings of $1.35​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 69 cents.  The mean expectation of
six analysts for the quarter was for earnings of $1.10 per
share. Wall Street expected results to range from $1.05 
to $1.14 per share.
    * Revenue rose 17.6% to $1.69 billion from a year ago;
analysts
expected $1.62 billion. 
    * First American Financial Corp's reported EPS for the
quarter was
69 cents​.
    * The company reported quarterly net income of $72.4
million.
    * First American Financial Corp shares had risen by 1.7%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.4%
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," 3
"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 First American
Financial Corp is $73.00 
This summary was machine generated from LSEG data February 12 at
10:44 p.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 2024      1.10           1.35           Beat
 Sep. 30 2024      1.14           1.34           Beat
 Jun. 30 2024      1.16           1.27           Beat
 Mar. 31 2024      0.59           0.45           Missed

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