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FAF — First American Financial News Story

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First American Financial Corp reports results for the quarter ended June 30 - Earnings Summary

First American Financial Corp FAF.N reported quarterly adjusted earnings of $1.53​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.27.  The mean expectation of five analysts for the quarter was for earnings of $1.36 per share. Wall Street expected results to range from $1.23  to $1.43 per share.

Revenue rose 14.2% to $1.84 billion from a year ago; analysts expected $1.75 billion.

First American Financial Corp's reported EPS for the quarter was $1.41​.

The company reported quarterly net income of $146.1 million.

First American Financial Corp shares had fallen by 6.2% this quarter and lost 7.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.6% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "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 $75.00, about 23.2% above its last closing price of $57.62

This summary was machine generated from LSEG data July 23 at 09:02 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.361.53Beat
Mar. 31 20250.680.84Beat
Dec. 31 20241.101.35Beat
Sep. 30 20241.141.34Beat

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