First American Financial Q2 revenue rises 15%, beats estimates

First American Financial

22/07/2026 21:36

    

    Overview
  
US title insurance provider's Q2 revenue rose 15% yr/yr, beating analyst expectations
Adjusted EPS for Q2 rose to $2.08, up from $1.53 last year
Company repurchased 330,405 shares for $20 mln during the quarter

    

    Outlook
  
Company did not provide specific guidance for the current quarter or full year

    

    Result Drivers
  
COMMERCIAL TITLE GROWTH - Co said results were driven by its commercial business, which posted a 34% revenue increase and higher average revenue per order
INVESTMENT INCOME - Title segment investment income grew 11%, primarily from higher interest income, despite a decline in the federal funds rate
INFORMATION AND OTHER REVENUES - Growth in subservicing, non-insured information products, and Canadian refinance activity contributed to higher information and other revenues

    
Company press release: ID:nBwbb44bNa

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
Beat
$2.12 bln
$2.03 bln (3 Analysts)
Q2 EPS
 
$2.12
 
Q2 Net Income
 
$218.50 mln
 

    

    Analyst Coverage
  
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 "buy"
Wall Street's median 12-month price target for First American Financial Corp is $84.00, about 17.2% above its July 21 closing price of $71.65
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)