First American Financial Corp. (FAF) Scheduled to Post Quarterly Earnings on Thursday
First American Financial Corp. (NYSE:FAF) is scheduled to be posting its Q313 quarterly earnings results on Thursday, October 24th. Analysts expect First American Financial Corp. to post earnings of $0.57 per share and revenue of $1.21 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
First American Financial Corp. (NYSE:FAF) last released its earnings data on Thursday, July 25th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.42. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue for the quarter was up 18.2% on a year-over-year basis. On average, analysts expect First American Financial Corp. to post $1.73 EPS for the current fiscal year and $1.83 EPS for the next fiscal year.
First American Financial Corp. (NYSE:FAF) opened at 26.33 on Wednesday. First American Financial Corp. has a one year low of $20.39 and a one year high of $27.40. The stock has a 50-day moving average of $21.95 and a 200-day moving average of $23.66. The company has a market cap of $2.816 billion and a P/E ratio of 10.84.
FAF has been the subject of a number of recent research reports. Analysts at Janney Montgomery Scott initiated coverage on shares of First American Financial Corp. in a research note to investors on Friday, October 18th. They set a “buy” rating on the stock. Finally, analysts at Sandler O’Neill downgraded shares of First American Financial Corp. from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, October 8th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. First American Financial Corp. presently has a consensus rating of “Hold” and a consensus target price of $26.33.
First American Financial Corporation, through its subsidiaries, is engaged in the business of providing financial services through its title insurance and services segment and its specialty insurance segment.
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