Earnings Summary

First American Financial Corporation’s revenue fell -17.07% since last year same period to $1365.7Mn in the Q2 2024. On a quarterly growth basis, First American Financial Corporation has generated -4.13% fall in its revenue since last 3-months.

First American Financial Corporation’s net profit fell -16.25% since last year same period to $116Mn in the Q2 2024. On a quarterly growth basis, First American Financial Corporation has generated 148.39% jump in its net profits since last 3-months.

First American Financial Corporation’s net profit margin jumped 1% since last year same period to 8.49% in the Q2 2024. On a quarterly growth basis, First American Financial Corporation has generated 159.11% jump in its net profit margins since last 3-months.

First American Financial Corporation’s price-to-earnings ratio after this Q2 2024 earnings stands at 35.94.

First American Financial Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.14 - a -1.72% fall from last quarter’s estimates.

First American Financial Corporation’s earning per share (EPS) estimates for the current year stand at 1.14.

First American Financial Corporation’s earning per share (EPS) fell -5.93% since last year same period to 1.27 in the Q2 2024. This indicates that the First American Financial Corporation has generated -5.93% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First American Financial Corporation’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First American Financial Corporation’s return on equity (ROE) stands at 0.04.

First American Financial Corporation declared 0.53 dividend per share during the earnings announcement for Q2 2024.