Preview Of Fidelity National Financial, Inc. ($FNF) 3Q20 Earnings

Fidelity National Financial, Inc. (NYSE:FNF) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 1.26 per share.

For the full year, analysts predict revenues of $ 9108.50 million, while looking forward to income of $ 4.09 per share.

Previous Quarter Performance

Fidelity National Financial, Inc. announced income for the second quarter of $ 1.09 per share, from the revenue of $ 2,420.00 million. The quarterly earnings 18.48 percent compared with the same quarter last year. Wall street analysts are predicting, FNF to report 2Q20 income of $ 0.69 per share from revenue of $ 1901.60 million. The bottom line results beat street analysts by $ 0.4 or 57.97 percent, at the same time, top line results outshined analysts by $ 518.40 million or 27.26 percent.

Stock Performance

Shares of Fidelity National Financial, Inc. traded up $ 0.66 or 2.07 percent on Tuesday, reaching $ 32.62 with volume of 1.33 million shares. Fidelity National Financial, Inc. has traded high as $ 32.79 and has cracked $ 32.22 on the downward trend

According to the previous trading day, closing price of $ 32.62, representing a 68.21 % increase from the 52 week low of $ 19.00 and a 35.15 % decrease over the 52 week high of $ 49.28.

The company has a market capital of $ 9.52 billion and is part of the Financial Services sector and Insurance – Specialty industry.

Recent Analyst recommendations

  • On 9th October 2020, maintained by Barclays at Overweight rating, with $ 50.00 target price.

Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

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