earnings
confidence high
sentiment positive
materiality 0.80
FNF Q1 net earnings $248M ($0.91) vs prior loss; adjusted $206M ($0.76); title margin 10.7%
Fidelity National Financial, Inc.
2024-Q1 EPS reported
$0.91
revenue$3,299,000,000
- Net earnings of $248M ($0.91 diluted EPS) vs net loss of $59M (-$0.22) in Q1 2023; adjusted net earnings $206M ($0.76) vs $151M ($0.56).
- Title segment revenue $1.7B (+7% YoY); adjusted pre-tax title margin 10.7% vs 10.0% prior year; orders stable.
- F&G segment gross sales $3.5B (+6%); record AUM $49.8B; adjusted net earnings $95M vs $52M.
- FNF paid common dividends of $0.48 per share; holding company cash $618M.
- Management highlights industry-leading title margin and balanced capital allocation strategy.