Investors Title Company Announces Fourth Quarter and Fiscal Year 2018 Results
Investors Title Company (ITIC)
US:NASDAQ Investor Relations:
invtitle.com/investor-relations-overview
Company Research
Source: Business Wire
CHAPEL HILL, N.C.--(BUSINESS WIRE)-- Investors Title Company (NASDAQ: ITIC) today announced its results for the fourth quarter and year ended December 31, 2018. For the year, net income attributable to the Company decreased 14.8% to $21.9 million, or $11.54 per diluted share, versus $25.7 million, or $13.56 per diluted share, in the prior year. For the quarter, net income attributable to the Company decreased to $135,000, or $0.07 per diluted share, versus $9.6 million, or $5.08 per diluted share, in the prior year period. Income before income taxes declined to $470,000 and $27.1 million for the quarter and year ended December 31, 2018, versus $6.6 million and $30.3 million in the prior year periods, respectively, primarily due to the January 1, 2018 implementation of a new accounting standard requiring unrealized changes in the market value of equity investments to be included in income. The Com
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ITIC
News
- Investors Title (NASDAQ: ITIC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Investors Title First Quarter 2024 Earnings: EPS: US$2.40 (vs US$0.62 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Investors Title Company Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Investors Title Company Announces First Quarter 2024 ResultsBusiness Wire
- Investors Title Full Year 2023 Earnings: EPS: US$11.46 (vs US$12.60 in FY 2022) [Yahoo! Finance]Yahoo! Finance
ITIC
Sec Filings
- 5/8/24 - Form 10-Q
- 5/8/24 - Form SC
- 5/3/24 - Form 8-K
- ITIC's page on the SEC website