Stewart Information Services Q4 Earnings Preview

Posted February 13, 2012

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Stewart Information Services (NYSE:STC) is a real estate information, title insurance and transaction management company. Through its subsidiaries, it provides title insurance and related information services required for settlement by the real estate and mortgage industries throughout the United States and in international markets. The company will report its fourth quarter earnings on Thursday, February 16, 2012.

Expectations: The Wall Street consensus is that the company will report 22 cents per share, up 83.3% from a year ago when Stewart Information Services reported earnings of 12 cents per share. The consensus estimate has risen from 20 cents over the past three months. For the fiscal year, analysts are expecting earnings of 23 cents per share. The company's revenue is expected to fall short of last year's reported $449.5 million by 15.8% to come in at $378.4 million for the quarter. The company is projected to report revenue of $1.57 billion for the fiscal year.

Performance: For the second straight quarter, the company has seen revenue drop. Revenue dropped by 2.7% year-over-year to $418.5 million in third quarter. The quarter before that, revenue dropped 8.3%. The stock price has risen from $10.06 on November 15, 2011 to $13.50 over the past quarter. Stewart Information Services' best recent streak was when its price gained $1.31 per share between November 30, 2011 and December 29, 2011.

Ratings: Analysts all agree on Stewart Information Services, and unanimously rate it a hold. This rating has been steady for the past three months.

Earnings estimates provided by Zacks.

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Stewart Information Services