Stewart Information Services Corp expected to post earnings of 53 cents a share - Earnings Preview

Stewart Information Services

05/02/2024 23:24

* Stewart Information Services Corp  STC.N   STC  is
expected
to show a fall in quarterly revenue when it reports  results on
February 7 for the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
13.0% decrease in revenue to $570.933 million from $655.91
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 earnings of 53 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Stewart
Information Services Corp is $72.00​, above​ its last closing
price of $61.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.80        0.82       0.60      Missed  -26.5
 ​​Sep.        1.77        1.75       1.37      Missed  -21.9
 30 2022                                                
 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. 31 2021  2.14        2.01       2.94      Beat    46.5
 This summary was machine generated February 5 at 23:24 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)