secwatch.observer — SEC 8-K summary
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Issuer:     Fidelity National Financial, Inc. (FNF)
CIK:        0001331875
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001331875-23-000056
Event type: earnings
Sentiment:  neutral
Materiality: 0.68
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FNF Q3 net earnings $1.57/sh; adjusted EPS $1.23; Title margin 16.2% amid lower volumes
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- Net earnings $426M ($1.57/sh) vs $362M ($1.32/sh) YoY; adjusted net earnings $333M ($1.23/sh).
- Title segment revenue $1.9B (-18% YoY); adjusted pre-tax title margin 16.2% (vs 17.1% YoY).
- F&G segment gross sales $2.8B (-3%); AUM record $47.4B; adjusted net earnings $102M vs loss $12M YoY.
- Commercial revenue down 31% to $263M; purchase orders closed down 13%, refinance down 35% daily.
- Ended Q3 with $949M cash/short-term investments; paid $0.45/sh dividend ($123M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331875/000133187523000056/0001331875-23-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331875/000133187523000056/fnf-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001331875-23-000056

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