{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-034737","form_type":"8-K","ticker":"STC","cik":"0000094344","company_name":"STEWART INFORMATION SERVICES CORP","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.097918+00:00","generated_at":"2026-06-13T02:39:53.832916+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Stewart Q2 revenue $549.2M, net income $15.8M; both down sharply YoY","bullets":["Total revenues $549.2M, down 35% from $844.1M in Q2 2022; adjusted revenue $550.3M.","Net income $15.8M ($0.58 diluted EPS) vs $61.7M ($2.26) prior year; adjusted net income $18.9M ($0.69).","Title segment operating revenues $466.7M, down 39% YoY; pretax margin 7.4% vs 12.3%.","CEO cites elevated mortgage interest rates (~7%) suppressing transaction volumes.","Company maintaining cost discipline while investing in long-term resilience strategies."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-034737","json":"https://secwatch.observer/filing/0000950170-23-034737.json","markdown":"https://secwatch.observer/filing/0000950170-23-034737.md","text":"https://secwatch.observer/filing/0000950170-23-034737.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94344/000095017023034737/0000950170-23-034737-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94344/000095017023034737/stc-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:39:53.832916+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"709399f9ebd2d01591ec9c1dd9d55aee91ad92eb","claim":"STEWART INFORMATION SERVICES CORP reported the three months ended June 30, 2023 results: revenue $549.2 million, net income $15.8 million, EPS $0.58.","evidence_excerpt":"Stewart Reports Second Quarter 2023 Results Total revenues of $549.2 million ($550.3 million on an adjusted basis) compared to $844.1 million ($850.7 million on an adjusted basis) in the prior year quarter Net income of $15.8 million ($18.9 million net income on an adjusted basis) compared to $61.7 million ($70.4 million on an adjusted basis) in the prior year quarter Diluted EPS of $0.58 ($0.69 on an adjusted basis) compared to prior year quarter diluted EPS of $2.26 ($2.58 on an adjusted basis)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94344/000095017023034737/0000950170-23-034737-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Revenue","value":"$549.2 million"},{"label":"Net income","value":"$15.8 million"},{"label":"EPS","value":"$0.58"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}