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Stewart Information Services Corporation Message Board

  • smaycs4 smaycs4 Jul 26, 2012 8:44 AM Flag

    Briefing.com isnt helping by calling it a miss

    7:24AM Stewart Info misses by $0.05, beats on revs (STC) 13.30 : Reports Q2 (Jun) earnings of $0.28 per share, $0.05 worse than the Capital IQ Consensus Estimate of $0.33; revenues rose 19.5% year/year to $483.7 mln vs the $423.13 mln consensus. Total title revenues in the second quarter 2012 increased 15.9 percent and 25.7 percent compared to the same quarter last year and sequentially from the first quarter 2012, respectively. Revenues from direct operations for the second quarter 2012 increased 13.1 percent and 23.7 percent compared to the same quarter last year and sequentially from the first quarter 2012, respectively. Revenues from commercial transactions, which are included in direct operations, increased 3.7 percent in the second quarter 2012 compared to the same quarter last year and increased 34.1 percent sequentially from the first quarter 2012. International revenues, which are also included in direct operations, increased 4.7 percent in the second quarter 2012 compared to the same quarter last year and increased 45.9 percent sequentially from the first quarter 2012.

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STC
30.45+0.21(+0.69%)Jul 22 4:01 PMEDT

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