Fidelity National Finl Q2 EPS $1.01 Misses $1.04 Estimate, Sales $3.07B Beat $2.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fidelity National Finl (FNF) reported Q2 earnings of $1.01 per share, missing the analyst consensus estimate of $1.04 by 2.88%. This is a 46.84% decrease from the same period last year. However, the company reported quarterly sales of $3.07 billion, beating the analyst consensus estimate of $2.70 billion by 13.50%, a 16.61% increase from the same period last year.
August 08, 2023 | 8:30 pm
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NEUTRAL IMPACT
Fidelity National Finl's Q2 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
Fidelity National Finl's earnings miss could negatively impact the stock price, but the sales beat could offset this. The mixed result makes the short-term price direction uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100