HOUSTON (AP) _ Stewart Information Services Corp. (STC) on Wednesday reported a fourth-quarter loss of $31,000, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, came to 87 cents per share.
The title insurance and real estate services company posted revenue of $509.9 million in the period.
For the year, the company reported profit of $78.6 million, or $3.31 per share. Revenue was reported as $1.94 billion.
Stewart Information Services shares have climbed almost 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $43.17, a rise of nearly 3% in the last 12 months.