earnings
confidence high
sentiment positive
materiality 0.75
First American Financial Q1 earnings beat: net income $74.2M, EPS $0.71, revenue up 11%
First American Financial Corp
2025-Q1 EPS reported
$0.71
revenue$1,582,300,000
- Net income $74.2M ($0.71 diluted EPS) vs $46.7M ($0.45) YoY; adjusted net income $87.9M ($0.84 EPS).
- Total revenue $1.58B, up 11% YoY; commercial revenue $183.8M, up 29%.
- Title Insurance segment pretax margin improved to 7.2% (adjusted 7.9%) from 5.5% (adjusted 4.8%).
- Home Warranty pretax margin 22.9% (adjusted 23.5%) vs 19.3% (adjusted 18.8%) YoY; claim loss rate improved to 37% from 42%.
- Repurchased 447,812 shares for $28M in Q1; additional 323,174 shares for $19M in Q2 through Apr 23.