Stewart Information Services Corp reports results for the quarter ended in December - Earnings Summary

Stewart Information Services

08/02/2023 22:39

* Stewart Information Services Corp  STC.N  reported
quarterly
adjusted earnings of 60 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 82 cents per share.
    * Revenue fell 31.8% to $655.91 million from a year ago;
analysts
expected $631.35 million. 
    * Stewart Information Services Corp's reported EPS for the
quarter
was 49 cents​.
    * The mean earnings estimate of analysts had fallen by
about 14%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Stewart Information Services Corp shares had risen
by 18.7% this
quarter.
    * The company reported quarterly net income of $13.31
million.
    * Wall Street's median 12-month price target for Stewart
Information Services Corp is $56.00 
    * 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." 

This summary was machine generated from Refinitiv data February
8 at 10:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.82           0.60           Missed
 Sep. 30 2022      1.75           1.37           Missed
 Jun. 30 2022      2.15           2.58           Beat
 Mar. 31 2022      1.30           2.03           Beat