earnings
confidence high
sentiment positive
materiality 0.75
Stewart Q4 net income jumps to $22.7M from $8.8M; adjusted EPS $1.12 vs $0.60
STEWART INFORMATION SERVICES CORP
2024-FY EPS reported
$2.61
revenue$2,490,419,000
- Total revenues Q4 $665.9M (+12% YoY); net income $22.7M ($0.80 diluted EPS) vs $8.8M ($0.32).
- Adjusted Q4 net income $31.5M ($1.12 adjusted diluted EPS) vs $16.6M ($0.60).
- Full year 2024 net income $73.3M ($2.61 diluted EPS) compared to $30.4M ($1.11).
- Title segment operating revenues $562.7M (+12% YoY); pretax income $45.2M (+65%); adjusted pretax margin 8.8%.
- CEO Fred Eppinger cites progress and resilience; expects continued growth and margin improvement in 2025.