Stewart Information Services Corp expected to post a loss of 13 cents a share - Earnings Preview

Stewart Information Services

23/04/2024 24:05

* Stewart Information Services Corp  STC.N   STC  is
expected
to show a rise in quarterly revenue when it reports  results on
April 24 for the period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
2.3% increase in revenue to $536.167 million from $524.31
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (Sales/Revenues Majority Basis is
on Total Revenues)
    * ​LSEG's mean analyst estimate for Stewart Information
Services
Corp is for a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Stewart
Information Services Corp is $68.00​, above​ its last closing
price of $62.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.45        0.53       0.60      Beat    13.7
 Sep. 30 2023  0.69        0.69       0.86      Beat    25.1
 Jun. 30 2023  0.71        0.71       0.69      Missed  -3.3​
 Mar. 31 2023  -0.14       -0.15      -0.25     Missed  -66.7
 ​​Dec.        0.80        0.82       0.60      Missed  -26.5
 31 2022                                                
 Sep. 30 2022  1.77        1.75       1.37      Missed  -21.9​
 Jun. 30 2022  2.17        2.15       2.58      Beat    20.1
 Mar. 31 2022  1.30        1.30       2.03      Beat    56.5
 This summary was machine generated April 22 at 23:05 GMT.  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)