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First American Financial Corporation (FAF)
NYSE:FAF
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.38Last Year’s EPS
1.11Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -5.51%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook, with significant growth in commercial and refinance revenue but ongoing challenges in residential origination and purchase orders. The company is recognized as a great place to work and is making strides in technology and investment income. However, redundant tech costs and margin impacts from investments are notable concerns.Company Guidance
During the First American Financial Corporation's first quarter 2025 earnings call, several key financial metrics and business updates were highlighted. The company reported GAAP earnings of $0.71 per diluted share and adjusted earnings of $0.84 per diluted share, which exclude net investment losses and purchase-related intangible amortization. Title segment revenue increased by 12% to $1.5 billion compared to the same quarter in 2024, with commercial revenue showing a significant 29% improvement to $184 million. Purchase revenue rose by 1%, driven by an 8% increase in average revenue per order, despite a 6% decline in closed orders, while refinance revenue surged 40% with closed orders improving by 28%. The company's home warranty segment generated $108 million in revenue, maintaining a 2% increase year-over-year, with a pretax margin of 22.9%. Additionally, investment income rose by $21 million to $138 million, primarily due to higher interest income. The company's effective tax rate was slightly below the normalized rate at 22.6%, and the debt-to-capital ratio was reported at 31.2%. In terms of share repurchases, First American bought back 448,000 shares for $28 million in the first quarter and continued to repurchase shares in April. The guidance underlined the company's optimistic outlook, particularly in commercial real estate, and its ongoing emphasis on technology and data to enhance operational efficiency and customer experience.Commercial Revenue Growth
Commercial revenue was up twenty-nine percent this quarter, indicating a meaningful improvement from last year, with strength across asset classes and geographies.
Refinance Revenue Increase
Refinance revenue climbed forty percent compared with last year, primarily due to a twenty-eight percent improvement in closed orders.
Recognition as a Great Place to Work
Named one of the one hundred best companies to work for by Great Places to Work and Fortune magazine for the tenth consecutive year.
Investment Income Increase
Investment income was $138 million in the first quarter, up $21 million compared with the same quarter of last year, primarily due to higher interest income.
FAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $59.70 | $62.60 | +4.86% |
Feb 12, 2025 | $62.15 | $62.46 | +0.50% |
Oct 23, 2024 | $62.76 | $62.90 | +0.22% |
Jul 24, 2024 | $55.82 | $56.64 | +1.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First American Financial Corporation (FAF) report earnings?
First American Financial Corporation (FAF) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is First American Financial Corporation (FAF) earnings time?
First American Financial Corporation (FAF) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FAF EPS forecast?
FAF EPS forecast for the fiscal quarter 2025 (Q2) is 1.38.