Fairfax Financial Holdings Ltd reports results for the quarter ended March 31 - Earnings Summary

• Fairfax Financial Holdings Ltd FFH.TO reported quarterly adjusted earnings of $42.70​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $30.82. The mean expectation of five analysts for the quarter was for earnings of $30.49 per share. Wall Street expected results to range from $21.14 to $46.06 per share.

• Revenue was $6.26 billion​; analysts expected $6.45 billion.

• Fairfax Financial Holdings Ltd's reported EPS for the quarter was $42.70​.

• The company reported quarterly net income of $945.7 million.

• Fairfax Financial Holdings Ltd shares had risen by 3.5% this quarter and gained 7.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 21.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "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 Fairfax Financial Holdings Ltd is C$2,550.00

This summary was machine generated from LSEG data May 2 at 04:40 a.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)