Investors Title (ITIC) Q2 Earnings Rise Y/Y, Revenues Up

Investors Title Company (ITIC) reported a net income of $4.70 per share for the second quarter of 2024. This represents an increase from $4.00 per share in the second quarter of 2023. The company's revenues for the second quarter of 2024 rose by 12.1% to $65.4 million compared to $58.3 million in the year-ago quarter. The revenue increase was driven primarily by higher premiums written due to increased activity in certain markets and rising average home prices. Several factors positively influenced the comp ...