Stewart Information Services Corp expected to post earnings of $1.05 a share - Earnings Preview

Stewart Information Services

21/10/2024 23:05

* Stewart Information Services Corp  STC.N   STC  is
expected
to show a rise in quarterly revenue when it reports  results on
October 23 for the period ending September 30 2024
    * The Houston Texas-based  company is expected to report a
6.1% increase in revenue to $638.4 million from $601.71 million
a year ago, according to the mean estimate from 2 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 earnings of $1.05 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 79.50​, above​ its last closing
price of $67.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.11        1.13       0.91      Missed  -19.5
 Jan. 1 2024   -0.08       -0.13      0.17      Beat    230.8
 Jan. 1 0001   0.45        0.53       0.60      Beat    13.7​
 Sep. 30 2023  0.69        0.69       0.86      Beat    25.1
 ​​Jun.        0.71        0.71       0.69      Missed  -3.3
 30 2023                                                
 Jan. 1 0001   -0.14       -0.15      -0.25     Missed  -66.7​
 Dec. 31 2022  0.80                   0.60              -26.5
 Sep. 30 2022  1.77        1.75       1.37      Missed  -21.9
 This summary was machine generated October 21 at 22:05 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)