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Stock impact report

Earnings Miss: First American Financial Corporation Missed EPS By 17% And Analysts Are Revising Their Forecasts [Yahoo! Finance]

First American Corporation (New) (FAF) 
Last first american corporation (new) earnings: 4/23 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.firstam.com
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 4.2% to US$54.22 in the past week. It was not a great result overall. While revenues of US$1.4b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 17% to hit US$0.45 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. View our latest analysis for First American Financial Taking into account the latest results, the most recent consensus for First American Financial from four analysts is for revenues of US$6.30b in 2024. If met, it would imply a satisfactory 5.3% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 76% to US$3.71. Yet prior to the latest earnings, t Show less Read more
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