Fidelity National Financial Earnings Preview: Can This Streak Continue?
Fidelity National Financial (NYSE:FNF) will report earnings after markets close on Wednesday, May 1st. Fidelity National Financial, Inc. provides title insurance and escrow and other title-related products and services arising from the real estate closing process. The Company’s operations are conducted on a direct basis through its own employees who act as title and escrow agents and through independent agents.
Here is your Cheat Sheet to Fidelity National Financial Earnings:
Earnings Expectations: Analysts expect earnings of $0.40 per share on revenues of $2.00 billion. Currently, the company’s P/E ratio stands at 9.98.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.61 to a profit $0.58. For the current year, the average estimate is a profit of $1.9, which is worse than the estimate ninety days ago.
Here’s how Fidelity National Financial has been performing on an annual basis:
|Revenue ($) in millions||4,251||5,828||5,413||4,840||7,202|
|Diluted EPS ($)||-0.85||0.97||1.61||1.66||2.68|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||1,273||1,190||1,737||2,040||2,235|
|Diluted EPS ($)||0.7818||0.33||0.65||1.03||0.6620|
Fidelity National Financial has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)