Why First American Financial (FAF) Could Beat Earnings Estimates Again

Core Viewpoint - First American Financial (FAF) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Earnings Performance - The company has a solid track record of surpassing earnings estimates, with an average surprise of 21.34% over the last two quarters [2]. - In the most recent quarter, FAF reported earnings of $1.35 per share, exceeding the expected $1.07 per share by a surprise of 26.17%. In the previous quarter, it reported $1.34 per share against an estimate of $1.15 per share, resulting in a surprise of 16.52% [3]. Earnings Estimates and Predictions - Recent estimates for FAF have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat [6]. - The current Earnings ESP for FAF is +5.85%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [9]. Zacks Rank and Success Rate - FAF holds a Zacks Rank of 3 (Hold), and stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% success rate in beating consensus estimates [7][9]. - The next earnings report for FAF is expected to be released on April 23, 2025 [9].