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First American Q3 Earnings Beat Estimates, Dividend Raised
FAFFirst American(FAF) ZACKS·2024-10-24 18:00

First American Financial (FAF) reported third-quarter 2024 operating income per share of 1.34,whichbeattheZacksConsensusEstimateof1.34, 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 ...