Note: EPS may not be comparable

First American Financial (NYSE: FAF) reported Q4 EPS of $1.01, $0.09 better than the analyst estimate of $0.92. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.46 billion.

• Total revenue of $1.5 billion, down 2 percent compared with last year
  • Closed title orders down 19 percent, driven by a 41 percent decline in refinance orders
  • Average revenue per order up 23 percent, driven by the shift in the mix to higher-premium purchase and commercial transactions
• Title Insurance and Services segment pretax margin of 12.2 percent
• Commercial revenues of $196.2 million, up 6 percent compared with last year
• Specialty Insurance segment pretax margin of 9.2 percent
  • Property and casualty loss rate of 108.1 percent impacted by California wildfires
• Debt-to-capital ratio of 17.4 percent as of Dec. 31, 2017
• Net tax benefit of $114.1 million, or $1.01 per diluted share, related to tax reform

For earnings history and earnings-related data on First American Financial (FAF) click here.