Fidelity National Finl Q2 2024 Adj. EPS $1.24 Misses $1.35 Estimate, Sales $3.158B Miss $3.200B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fidelity National Financial (NYSE:FNF) reported Q2 2024 adjusted EPS of $1.24, missing the analyst estimate of $1.35 by 8.15%. Sales were $3.158 billion, also missing the estimate of $3.200 billion by 1.31%. Despite the misses, sales increased by 2.93% year-over-year.
August 05, 2024 | 8:20 pm
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Fidelity National Financial (NYSE:FNF) reported Q2 2024 adjusted EPS of $1.24, missing the analyst estimate of $1.35 by 8.15%. Sales were $3.158 billion, also missing the estimate of $3.200 billion by 1.31%. Despite the misses, sales increased by 2.93% year-over-year.
The earnings and sales misses are likely to negatively impact FNF's stock price in the short term. However, the year-over-year sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100