First American Financial Corp (FAF, Financial) is set to release its Q3 2024 earnings on Oct 23, 2024. The consensus estimate for Q3 2024 revenue is $1,474.45 million, and the earnings are expected to come in at -$0.16 per share. The full year 2024's revenue is expected to be $6.15 billion and the earnings are expected to be $2.47 per share. More detailed estimate data can be found on the Forecast page.
First American Financial Corp (FAF, Financial) Estimates Trends
Over the past 90 days, revenue estimates for First American Financial Corp (FAF) have seen a decline from $6.33 billion to $6.15 billion for the full year 2024, while the estimate for 2025 has increased from $6.89 billion to $7.11 billion. Similarly, earnings estimates have been adjusted downward from $3.71 per share to $2.47 per share for 2024, but have risen from $4.86 per share to $5.33 per share for 2025.
First American Financial Corp (FAF, Financial) Reported History
In the previous quarter of June 30, 2024, First American Financial Corp's (FAF) actual revenue was $1,612.30 million, which missed analysts' revenue expectations of $1,624.48 million by -0.75%. First American Financial Corp's (FAF) actual earnings were $1.11 per share, which missed analysts' earnings expectations of $1.118 per share by -0.72%. After releasing the results, First American Financial Corp (FAF) was up by 1.45% in one day.
First American Financial Corp (FAF, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 5 analysts, the average target price for First American Financial Corp (FAF) is $73.4 with a high estimate of $84 and a low estimate of $66. The average target implies an upside of 13.9% from the current price of $64.44.
Based on GuruFocus estimates, the estimated GF Value for First American Financial Corp (FAF, Financial) in one year is $57.9, suggesting a downside of -10.15% from the current price of $64.44.
Based on the consensus recommendation from 6 brokerage firms, First American Financial Corp's (FAF, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
