secwatch.observer — SEC 8-K summary
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Issuer:     First American Financial Corp (FAF)
CIK:        0001472787
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001564590-22-035350
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First American (FAF) Q3 EPS $0.02; revenue $1.8B down 29%
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- Diluted EPS $0.02 vs $4.00 last year; adjusted EPS $1.62 excluding $1.60 net investment losses.
- Total revenue $1.8B down 29% YoY; excluding net investment losses $2.1B down 10%.
- Title Insurance segment pretax margin 9.9% (13.0% ex-investment losses) down from 16.4%.
- Commercial revenue $260M down 1%; investment income $105M up 114%.
- Repurchased 1.3M shares for $72M; dividend raised 2% to annual $2.08 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472787/000156459022035350/0001564590-22-035350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472787/000156459022035350/faf-8k_20221027.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-035350

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