Stewart Information Services Corp reports results for the quarter ended March 31 - Earnings Summary

• Stewart Information Services Corp STC.N reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of three analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 31 cents to 37 cents per share.

• Revenue rose 10.4% to $611.98 million from a year ago; analysts expected $595.50 million.

• Stewart Information Services Corp's reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $3.08 million.

• Stewart Information Services Corp shares had fallen by 7.8% this quarter and lost 2.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 34.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "buy"

• Wall Street's median 12-month price target for Stewart Information Services Corp is $79.00

This summary was machine generated from LSEG data April 23 at 09:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)