Strong Earnings Growth
Adjusted earnings per share increased by 27% to $1.70, showcasing the resilience of the business.
Commercial Segment Performance
Commercial revenue increased 29%, with a record average revenue per order of over $16,000 per closing.
Investment Income Growth
Investment income grew 12% this quarter, serving as a countercyclical earnings driver.
Home Warranty Business Success
Home warranty business pretax income grew 80%, driven by a lower loss rate.
AI and Technology Advancements
Investments in data, technology, and AI are expected to drive productivity gains and new revenue opportunities.