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

Stewart Information Services

27/07/2022 23:26

* Stewart Information Services Corp  STC.N  reported
quarterly
adjusted earnings of $2.58​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for earnings of $2.15 per share.
    * Revenue rose 3.1% to $844.07 million from a year ago;
analysts
expected $764.20 million. 
    * Stewart Information Services Corp's reported EPS for the
quarter
was $2.26​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Stewart Information Services Corp shares had risen by 3.8%
this
quarter and lost 35.2% so far this year.
    * The company reported quarterly net income of $61.66
million.
    * Wall Street's median 12-month price target for Stewart
Information Services Corp is $72.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 10:26 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      2.15           2.58           Beat
 Mar. 31 2022      1.30           2.03           Beat
 Dec. 31 2021      2.01           2.94           Beat
 Sep. 30 2021      2.42           3.17           Beat