Stewart Information Services Corporation (NYSE:STC) is expected to report third quarter earnings results, after market close, on Wednesday 21st October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.43 per share.
Looking ahead, the full year income are expected at $ 4.13 per share on the revenues of $ 2049.65 million.
Previous Quarter Performance
Stewart Information Services Corporation came out with income for the second quarter of $ 1.37 per share, from the revenue of $ 516.11 million. The quarterly earnings developed 69.14 percent while revenues elevated 9.33 percent compared with the same quarter last year.
Wall street analysts are predicting, STC to report 2Q20 income of $ 0.45 per share from revenue of $ 424.30 million. The bottom line results beat street analysts by $ 0.92 or 204.44 percent, at the same time, top line results outshined analysts by $ 91.81 million or 21.64 percent.
Stock Performance
Shares of Stewart Information Services Corporation traded low $ -0.63 or -1.36 percent on Tuesday, reaching $ 45.53 with volume of 92.60 thousand shares. Stewart Information Services Corporation has traded high as $ 46.37 and has cracked $ 45.08 on the downward trend
The closing price of $ 45.53, representing a 127.84 % increase from the 52 week low of $ 20.26 and a 6.71 % decrease over the 52 week high of $ 49.48.
The company has a market capital of $ 1.22 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Conference Call
Stewart Information Services Corporation will be hosting a conference call at 8:30 AM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.stewart.com
Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services. The company operates in two segments, Title Insurance and Related Services, and Ancillary Services and Corporate. The Title Insurance and Related Services segment is involved in searching, examining, closing, and insuring the condition of the title to real property.
