Earnings Preview For First American Financial
Portfolio Pulse from Benzinga Insights
First American Financial (NYSE:FAF) is scheduled to release its quarterly earnings report on February 7, 2024, with analysts estimating an EPS of $0.82. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a 2.92% share price drop. Over the last year, FAF shares have declined by 4.13%, indicating a bearish sentiment among long-term shareholders. Investors will be keen on the company's performance and future guidance.
February 06, 2024 | 5:01 pm
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First American Financial is expected to report an EPS of $0.82 for the upcoming quarter. Historical performance shows mixed reactions to earnings announcements, with a recent share price drop despite beating estimates. Shares have declined by 4.13% over the past year.
Given the mixed historical reactions to First American Financial's earnings reports and the overall negative performance over the past year, the short-term impact on FAF's stock price is uncertain. The company's ability to beat the EPS estimate and provide positive future guidance could influence stock performance, but investor sentiment appears bearish.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100