Earnings Outlook For Stewart Information Servs

Stewart Information Servs (NYSE:STC) is preparing to release its quarterly earnings on Wednesday, 2024-10-23. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Stewart Information Servs to report an earnings per share (EPS) of $1.07.

Stewart Information Servs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

The company's EPS missed by $0.22 in the last quarter, leading to a 1.13% drop in the share price on the following day.

Here's a look at Stewart Information Servs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.13

-0.13

0.53

0.68

EPS Actual

0.91

0.17

0.60

0.86

Price Change %

-1.0%

-2.0%

0.0%

9.0%

Stock Performance

Shares of Stewart Information Servs were trading at $67.8 as of October 21. Over the last 52-week period, shares are up 74.54%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Stewart Information Servs

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Stewart Information Servs.

With 5 analyst ratings, ...