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FX.co ★ First American Financial Corp. Q3 Earnings Summary

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typeContent_19130:::2024-10-23T22:18:00

First American Financial Corp. Q3 Earnings Summary

Below are the financial results for First American Financial Corp. (FAF) for the third quarter:

1. **Earnings**: The company reported a net loss of $104.0 million for Q3, compared to a loss of $1.7 million in the same quarter of the previous year.

2. **Earnings Per Share (EPS)**: The loss equated to an EPS of -$1.00 for Q3, down from -$0.02 in the same quarter last year.

3. **Adjusted Earnings**: Excluding certain items, First American Financial Corp. posted adjusted earnings of $138.4 million, or $1.34 per share, for the quarter. This exceeded analysts' expectations, who had predicted earnings per share of $1.14.

4. **Revenue**: The company generated $1.406 billion in revenue for Q3, a decrease from $1.481 billion in the same period last year.

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