Recap: First American Financial Q2 Earnings

  First American Financial (NYSE:FAF) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

 

First American Financial (NYSE:FAF) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:45 AM.

Here’s what investors need to know about the announcement.

Earnings

First American Financial beat estimated earnings by 20.86%, reporting an EPS of $1.97 versus an estimate of $1.63.

Revenue was down $204.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 2.85% drop in the share price the next day.

Here’s a look at First American Financial’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.19 1.78 1.86 1.70
EPS Actual 1.17 2.28 2.15 2.13
Revenue Estimate 1.92B 2.05B 2.04B 1.83B
Revenue Actual 2.03B 2.37B 2.56B 2.27B

To track all earnings releases for First American Financial visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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