Stewart Information Servs Q2 2024 Adj EPS $0.91 Misses $1.13 Estimate, Sales $602.230M Beat $601.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stewart Information Services (NYSE:STC) reported Q2 2024 earnings per share (EPS) of $0.91, missing the analyst estimate of $1.13 by 19.47%. However, the company beat sales estimates with $602.230 million, a 9.67% increase from the same period last year.
July 24, 2024 | 8:58 pm
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Stewart Information Services (NYSE:STC) reported Q2 2024 EPS of $0.91, missing the analyst estimate of $1.13 by 19.47%. However, the company beat sales estimates with $602.230 million, a 9.67% increase from the same period last year.
The significant miss on EPS is likely to negatively impact investor sentiment in the short term, despite the slight beat on sales. The 19.47% miss on EPS is substantial and may overshadow the positive sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100