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

Stewart Information Services

26/10/2023 12:18

* Stewart Information Services Corp  STC.N  reported
quarterly
adjusted earnings of 51 cents​​ per share for the quarter ended
in September. The mean expectation of four analysts for the
quarter was for earnings of 69 cents per share.
    * Revenue fell 16% to $601.71 million from a year ago;
analysts
expected $579.33 million. 
    * Stewart Information Services Corp's reported EPS for the
quarter
was 51 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Stewart Information Services Corp shares had fallen
by 10.9%
this quarter and lost 8.7% so far this year.
    * The company reported quarterly net income of $14 million.
    * Wall Street's median 12-month price target for Stewart
Information Services Corp is $48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 11:18 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.69           0.51           Missed
 Jun. 30 2023      0.71           0.69           Missed
 Mar. 31 2023      -0.15          -0.25          Missed
 Dec. 31 2022      0.82           0.60           Missed