Wall Street expects a year-over-year increase in earnings on higher revenues when First American Financial (FAF) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? First American Financial (FAF) , which belongs to the Zacks Insurance - Property and Casualty industry, could be a great candidate to consider.This financial services company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1 ...

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.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation m ...

U.S. stock markets are experiencing volatility as we approach the end of 2024. On Dec 18, the Fed cut the Fed fund rate by another 25 basis points to complete the 2024 rate cut cycle with a full 1% deduction. However, the central bank indicated just two rate cuts of 25 basis points in 2025 instead of four suggested in September.At this stage, investors should be prepared to minimize fluctuations in their portfolio and consequently rebalance it with suitable financial assets to maintain stability. It would b ...

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 ...

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 ...