secwatch.observer — SEC 8-K summary
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Issuer:     STEWART INFORMATION SERVICES CORP (STC)
CIK:        0000094344
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001564590-22-026699
Event type: earnings
Sentiment:  negative
Materiality: 0.75
LLM model:  deepseek-v4-flash:cloud@v2

Stewart Q2 net income $61.7M falls 35% YoY; diluted EPS $2.26 vs $3.50
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- Total revenues $844.1M (+3% YoY); adjusted net income $70.4M ($2.58 adjusted EPS) vs $86.0M ($3.17) in Q2 2021.
- Title segment pretax income down 26% to $93.6M; pretax margin 12.3% from 16.7% due to higher expenses.
- Real estate solutions segment revenues surged 42% to $82.9M; pretax income up 176% to $6.1M.
- Net cash from operations fell 19% to $83.3M from $103.0M on lower net income.
- CEO cites transitioning market; company maintains strong operating margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94344/000156459022026699/0001564590-22-026699-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94344/000156459022026699/stc-8k_20220727.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-026699

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