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FNF Group posts 1Q profit

JACKSONVILLE, Fla. (AP) _ Fidelity National Financial Inc. (FNF) on Wednesday reported first-quarter net income of $71 million.

On a per-share basis, the Jacksonville, Florida-based company said it had net income of 25 cents. Earnings, adjusted for non-recurring costs, came to 42 cents per share.

The provider of title insurance and mortgage services posted revenue of $1.89 billion in the period.

FNF Group shares have increased 20 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.64, a rise of 24 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNF at https://www.zacks.com/ap/FNF


Keywords: FNF Group, Earnings Report