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

Stewart Information Services

26/04/2023 23:46

* Stewart Information Services Corp  STC.N  reported a
quarterly
adjusted loss of 25 cents​​ per share for the quarter ended in
March. The mean expectation of three analysts for the quarter
was for a loss of 15 cents per share.
    * Revenue fell 38.5% to $524.31 million from a year ago;
analysts
expected $525.20 million. 
    * Stewart Information Services Corp's reported EPS for the
quarter
was a loss of 30 cents​.
    * The mean earnings estimate of analysts had fallen by
about 129.6% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Stewart Information Services Corp shares had fallen
by 1.1% this
quarter and lost 6.6% so far this year.
    * The company reported a quarterly loss of $8.19 million.
    * Wall Street's median 12-month price target for Stewart
Information Services Corp is $53.50 
    * 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 LSEG Refinitiv data
April 26 at 10:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.15          -0.25          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