Stewart Information Servs Q1 2024 Adj EPS $0.17 Beats $(0.13) Estimate, Sales $554.315M Beat $536.167M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stewart Information Services (STC) reported Q1 2024 adjusted EPS of $0.17, surpassing the $(0.13) estimate, with a 1600% increase over the previous year. Sales reached $554.315M, exceeding the $536.167M estimate, marking a 5.72% increase from the previous year.
April 24, 2024 | 8:28 pm
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Stewart Information Services (STC) significantly exceeded Q1 2024 earnings and sales estimates, indicating strong financial performance.
STC's substantial beat on both earnings per share and sales estimates for Q1 2024, with a 1600% increase in EPS year-over-year and a 5.72% increase in sales, suggests a strong financial health and operational efficiency. This performance is likely to positively influence investor sentiment and could lead to a short-term uptick in STC's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100