Stewart Q2 2024 revenue $602M (+10% YoY); adj. EPS $0.91 vs $0.94

STEWART INFORMATION SERVICES CORP

2024-Q2 EPS reported $0.73 revenue$1,156,545,000

Total revenues $602.2M (adjusted $602.7M) vs $549.2M ($550.3M) a year ago; net income $17.3M vs $15.8M.
Diluted EPS $0.62 GAAP ($0.91 adjusted) vs prior year $0.58 GAAP ($0.94 adjusted); adjusted EPS slightly down.
Title segment operating revenues $496.2M (+6% YoY); pretax income $33.4M (-6%) but adjusted pretax income up 2% to $38.4M.
CEO Fred Eppinger cited continued difficult housing market affecting results.

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