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Stock impact report

Stewart Reports Second Quarter 2018 Results

Stewart Information Services Corporation (STC) 
Last stewart information services corporation earnings: 11/6 06:15 am Check Earnings Report
US:NYSE Investor Relations: stewart.com/en/investor-relations.html
Company Research Source: PR Newswire
HOUSTON, July 18, 2018 /PRNewswire/ -- Stewart Information Services Corporation (NYSE: STC) today reported net income attributable to Stewart of $22.4 million ($0.95 per diluted share) for the second quarter 2018, compared to net income attributable to Stewart of $18.6 million ($0.79 per diluted share) for the second quarter 2017. Pretax income before noncontrolling interests for the second quarter 2018 was $31.3 million compared to a pretax income before noncontrolling interests of $33.1 million for the second quarter 2017. "Stewart delivered a solid second quarter of title revenue growth in the face of tighter residential inventories and rising interest rates," stated Matthew W. Morris, chief executive officer. "Continued commercial strength, home price appreciation and further agency traction helped to offset residential headwinds. While our senior management team has been focusing on the merger process, I want to thank our loyal associates who again produced strong operational res Show less Read more
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