First American Financial Corp reports results for the quarter ended in September - Earnings Summary

First American Financial

26/10/2023 14:54

* First American Financial Corp  FAF.N  reported quarterly
adjusted earnings of $1.22​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of $1.17 per share.
    * Revenue fell 9.8% to $1.64 billion from a year ago;
analysts
expected $1.61 billion. 
    * First American Financial Corp's reported EPS for the
quarter was
a loss of 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * First American Financial Corp shares had fallen by 11.4%
this
quarter and lost 4.4% so far this year.
    * The company reported a quarterly loss of $1.7 million.
    * Wall Street's median 12-month price target for First
American
Financial Corp is $68.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:54 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.17           1.22           Beat
 Jun. 30 2023      1.02           1.35           Beat
 Mar. 31 2023      0.70           0.49           Missed
 Dec. 31 2022      1.32           1.35           Beat