Stewart Information Services Corp expected to post a loss of 15 cents a share - Earnings Preview

Stewart Information Services

25/04/2023 03:03

* Stewart Information Services Corp  STC.N   STC  is
expected
to show a fall in quarterly revenue when it reports  results on
April 26. 
    * The Houston Texas-based  company is expected to report  a
38.4% decrease in revenue to $525.2 million from $852.92 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stewart Information
Services Corp is for a loss of 15 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Stewart
Information Services Corp is $55​, above​ its last closing price
of $40.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.80        0.82       0.60      Missed  -26.5
 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
 ​​Dec.        2.14        2.01       2.94      Beat    46.5
 31 2021                                                
 Sep. 30 2021  2.43        2.42       3.17      Beat    31.2​
 Jun. 30 2021  1.90        1.86       3.17      Beat    70.1
 Mar. 31 2021  1.04        1.03       1.92      Beat    87
 This summary was machine generated April 25 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated