Corelogic (CLGX) Reports In-Line Q4 EPS

Corelogic (NYSE: CLGX) reported Q4 EPS of $0.48, in-line with the analyst estimate of $0.48. Revenue for the quarter came in at $403 million versus the consensus estimate of $411.97 million.

“CoreLogic continued to successfully execute against its long-term strategic plan in 2018 despite significant U.S. mortgage market headwinds. We also reduced our costs significantly and drove productivity. In addition, we continued to scale our core operations, expanded our international and insurance business, accelerated the transformation of our AMC and initiated the exit of certain non-core legacy units," said Frank Martell, President and Chief Executive Officer of CoreLogic. “Throughout 2018, we reinvested in our business with a focus on building our core capabilities in data and technology, which we expect will be a foundation for future growth and margin expansion,” Martell added.

For earnings history and earnings-related data on Corelogic (CLGX) click here.

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