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Shares of First American Financial (NYSE:FAF) were flat in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share fell 20.12% year over year to $1.31, which beat the estimate of $1.27.
Revenue of $1,914,000,000 up by 14.54% year over year, which beat the estimate of $1,640,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Oct 22, 2020
Time: 11:00 AM
Price Action
52-week high: $66.78
52-week low: $29.36
Price action over last quarter: down 5.08%
Company Description
First American Financial is a financial services business providing insurance through two segments: title insurance and related services and specialty insurance. Title insurance and related services includes real estate insurance, property closing services, third-party handling of real estate funds (escrow), risk mitigation, real estate data products, and related real estate transaction services. The title insurance sector serves residential and commercial deals. Specialty insurance includes property insurance policies, casualty insurance policies, and home warranties. Nearly all the company's revenue comes from the title insurance and related services segment in the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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