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Market Overview

Recap: Stewart Information Servs Q1 Earnings

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Shares of Stewart Information Servs (NYSE:STC) rose in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 242.86% over the past year to $1.92, which beat the estimate of $1.03.

Revenue of $688,586,000 higher by 56.53% from the same period last year, which beat the estimate of $589,750,000.

Guidance

Stewart Information Servs hasn't issued any earnings guidance for the time being.

Stewart Information Servs hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $59.83

52-week low: $25.81

Price action over last quarter: Up 6.22%

Company Description

Stewart Information Services Corp is a provider of real estate services. The company offers residential and commercial title insurance and closing and settlement services to the mortgage industry. Its operating segments include title insurance and related services, and ancillary services and corporate. Title insurance and related services include the functions of searching, examining, closing and insuring the condition of the title to real property. Ancillary services and corporate segment provide search and valuation services to the mortgage industry through Stewart Lender Services.

 

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Posted-In: BZI-RecapsEarnings