Stewart Information Servs Q2 EPS $0.69 Misses $0.71 Estimate, Sales $549.15M Miss $588.03M Estimate
Portfolio Pulse from mahesh@benzinga.com
Stewart Information Servs (NYSE:STC) reported Q2 earnings of $0.69 per share, missing the analyst consensus estimate of $0.71 by 2.82%. This is a 73.26% decrease from the same period last year. The company also reported quarterly sales of $549.15 million, missing the analyst consensus estimate of $588.03 million by 6.61%, a 34.94% decrease from the same period last year.
July 26, 2023 | 8:44 pm
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Stewart Information Servs reported lower than expected Q2 earnings and sales, with a significant decrease from the same period last year.
Stewart Information Servs reported lower than expected earnings and sales for Q2, which is a significant decrease from the same period last year. This could negatively impact the company's stock price in the short term as it indicates a weaker financial performance.
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