First American Financial Corp reports results for the quarter ended June 30 - Earnings Summary
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 $2.08 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.53. The mean expectation of six analysts for the quarter was for earnings of $1.82 per share. Wall Street expected results to range from $1.71 to $1.98 per share.
Revenue rose 15% to $2.12 billion from a year ago; analysts expected $2.03 billion.
First American Financial Corp's reported EPS for the quarter was $2.12.
The company reported quarterly net income of $218.5 million.
First American Financial Corp shares had risen by 4.5% this quarter and gained 16.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.4% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "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 $84.00, about 14.7% above its last closing price of $71.65
This summary was machine generated from LSEG data July 22 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.82 | 2.08 | Beat |
Mar. 31 2026 | 1.05 | 1.33 | Beat |
Dec. 31 2025 | 1.43 | 1.99 | Beat |
Sep. 30 2025 | 1.45 | 1.70 | Beat |
Recent news on First American Financial
See all newsUS RESEARCH ROUNDUP-Apple, Kaiser Aluminum, Reliance
First American Financial Corp reports results for the quarter ended September 30 - Earnings Summary
First American Financial Q3 revenue slightly misses estimates
Brief: First American Financial Q3 EPS USD 1.72
First American Financial Corp expected to post earnings of $1.86 a share - Earnings Preview