The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...

A month has gone by since the last earnings report for First American Financial (FAF) . Shares have added about 3.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is First American Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. First American Q3 Earnings B ...

First American Financial Corporation (FAF) closed at $64.17 on Wednesday, near its 52-week high of $67.88. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 200-day simple moving average (SMA) of $59.24, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.With a market capitalization of $6.61 billion, the average volume of shares tra ...

Shares of First American Financial (NYSE: FAF ) have been a moderate performer over the past year, gaining about 18%, as the company has faced headwinds from elevated mortgage rates and limited housing transactions. I last covered First American in August, ratingOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-34580 FIRST AMERICAN FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Identificat ...

First American Financial (FAF) reported third-quarter 2024 operating income per share of $1.34, which beat the Zacks Consensus Estimate of $1.15. The bottom line increased 9.8% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The insurer’s results reflected the benefits of the seasonal pick-up in demand despite challenging market conditions.What’s Behind the Headlines for FAF?Operating revenues of $1.4 billion fell 5.1% year over year due to lower agent premiums and in ...

First American Financial Corporation (NYSE:FAF) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Craig Barberio - Vice President, Investor Relations Ken DeGiorgio - Chief Executive Officer Mark Seaton - Executive Vice President & Chief Financial Officer Conference Call Participants Bose George - KBW John Campbell - Stephens Inc Terry Ma - Barclays Mark DeVries - Deutsche Bank Mark Hughes - Truist Securities Geoffrey Dunn - Dowling & Partners Operator Greetings, and welcome ...

First American Financial (FAF) reported $1.41 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 5.1%. EPS of $1.34 for the same period compares to $1.22 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.67 billion, representing a surprise of -15.68%. The company delivered an EPS surprise of +16.52%, with the consensus EPS estimate being $1.15.While investors scrutinize revenue and earnings changes year-over-year and how they compar ...

First American Financial (FAF) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.52%. A quarter ago, it was expected that this financial services company would post earnings of $1.13 per share when it actually produced earnings of $1.27, delivering a surprise of 12.39%.Over the last ...