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0 0.000425894378194224 0.000709823963657175 0.00255536626916534 0.000922771152754287 -0.00141964792731395 -0.000141964792731274 0.000922771152754287
Stock impact report

FAF Tops Q1 Earnings and Revenue Estimates on Commercial Strength [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
Operating revenues climbed 16.2% to $1.8 billion, driven by growth in direct premiums, escrow fees, and Information and other revenues. The top line surpassed the consensus estimate by 1.08%. The quarterly results were supported by robust growth in its Title segment, particularly commercial business, alongside increased average revenue per order and higher investment income. These gains were partly offset by elevated operating expenses. What's Behind the Headlines for FAF? Direct premiums and escrow fees reached $660.2 million, marking a 17.7% increase from the prior-year level. The figure exceeded the Zacks Consensus Estimate by 17.7% and our model estimate by 17.7%. First American Financial Corporation Price, Consensus and EPS Surprise First American Financial Corporation Price, Consensus and EPS Surprise First American Financial Corporation price-consensus-eps-surprise-chart | First American Financial Corporation Quote Investment income totaled $152.4 million in the Show less Read more
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