Fairfax Financial Holdings (FRFHF)
OTHER OTC:FRFHF
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
80.42Last Year’s EPS
61.61Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented several strong operating and strategic positives: materially higher operating income, improved underwriting results and combined ratio, sizable near-term monetizations (Poseidon, Eurolife), strong associate profits, and a conservative, high-yield fixed income position. These positives were offset by meaningful quarter-to-quarter mark-to-market investment losses driven by rising interest rates, some softness in North American premiums and elevated combined ratios in select businesses (e.g., Zenith), a modest decline in shareholders' equity/book value on a nominal basis, and a slight increase in leverage. On balance, the operational and strategic highlights — including expected one-time gains, strong associate performance and sound liquidity — outweigh the quarter-specific investment mark-to-market pressures and localized underwriting challenges.Company Guidance
Strong Operating Income and Underwriting Performance
Operating income (insurance & reinsurance, undiscounted before risk margin) of $1.2B in Q1 2026 vs $686M in Q1 2025 (≈+75%). Underwriting income of $382M (vs $97M prior year) and combined ratio improved to 94.1% from 98.5% (improvement of 4.4 percentage points), driven largely by lower catastrophe losses (1.8 pts vs 12.7 pts prior year).
Net Earnings and Book Value Resilience
Net earnings attributable to shareholders of $696M in Q1 2026. Book value per share of $1,250.14 at March 31, 2026 (adjusted increase of 0.5% from year-end 2025 when including the $15 dividend).
Strong Investment and Associate Performance (Long-Term)
Consolidated interest and dividend income of $662M, up 9% year-over-year. Equities up 2.9% in the quarter and 28.9% over the last 12 months; bonds up 0.3% quarter and 5.6% over 12 months. Share of profit from associates of $372M in Q1 2026 vs $129M in Q1 2025 (≈+188%), driven by Eurobank, Waterous Energy Fund III and Poseidon.
Significant Near-Term Realizations Expected
Planned sale of half of Poseidon for aggregate proceeds of ~$1.9B with an estimated pretax gain of ~$837M, and sale of Eurolife life operations for ~€813M (~$935M) with an estimated pretax gain of ~$350M; both expected to close in Q2 2026.
Exposure Management and Strong Fixed Income Position
Fixed income portfolio of $49.8B with duration 2.2 years, average maturity ~3 years and yield ~5%; emphasis on safety and flexibility (large allocation to government bonds/treasuries). Equity and equity-exposed investments of $26.6B. Total annualized gross premium writings now over $33B.
International Growth and Diversification
Insurance & reinsurance gross premiums of $8.7B in Q1 2026, up 4.1% YoY. International insurance gross premiums $1.7B, up 16.4% YoY (notable: Gulf +30%, Bryte +28%, Fairfax CEE +17%, Fairfax LATAM +9%). International operations now ~20% of overall gross premiums and provide long-term growth potential.
Successful Capital Actions and Liquidity at Holding Company
Purchased 375,000 shares for cancellation for $631M in the quarter. Holding company had $2.5B of cash and investments and only $300M drawn on a $2B revolver at March 31, 2026, supporting decentralized capital deployment.
FRFHF 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
FRFHF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $1727.26 | $1598.80 | -7.44% |
Feb 19, 2026 | $1705.00 | $1707.88 | +0.17% |
Nov 06, 2025 | $1555.12 | $1562.77 | +0.49% |
Jul 31, 2025 | $1759.90 | $1730.81 | -1.65% |
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 Fairfax Financial Holdings (FRFHF) report earnings?
Fairfax Financial Holdings (FRFHF) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Fairfax Financial Holdings (FRFHF) earnings time?
Fairfax Financial Holdings (FRFHF) earnings time is at Jul 30, 2026, After Close (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 FRFHF EPS forecast?
FRFHF EPS forecast for the fiscal quarter 2026 (Q2) is 80.42.