earnings
confidence high
sentiment positive
materiality 0.80
Stewart Q3 net income doubles to $30.1M; revenue up 11% to $667.9M
STEWART INFORMATION SERVICES CORP
2024-Q3 EPS reported
$1.80
revenue$1,824,487,000
- Net income $30.1M ($1.07 diluted EPS) vs $14.0M ($0.51) in Q3 2023; adjusted net income $33.1M ($1.17).
- Total revenues $667.9M, up 11% YoY; adjusted revenues $663.2M.
- Title segment operating revenues $553.3M (+6%), pretax income $45.0M (+27%).
- Real estate solutions segment revenues $96.3M (+41%), pretax income $7.4M (+181%).
- Domestic commercial direct title revenues up 30% to $67.4M; avg fee per file $17,700 (+25%).