earnings
confidence high
sentiment positive
materiality 0.80
First American Q2 revenue $2.3B (+41% YoY); EPS $2.72 vs $1.52; title segment pretax margin record 19.1%
First American Financial Corp
2021-Q2 EPS reported
$4.81
revenue$4,292,120,000
- Total revenue $2.3B, up 41% YoY; net income $302.3M, diluted EPS $2.72 vs $1.52.
- Title Insurance segment revenue $2.1B, up 44%; pretax margin 19.1% (record); commercial revenue $223.3M, up 104%.
- Specialty Insurance revenue $151.6M, up 14%; pretax margin 13.0%; home warranty loss rate 55.5%.
- Net realized investment gains $86.5M ($0.59/sh) including $43.7M venture investment gain.