Stewart Information Services (STC) Reports Q1 Loss of 52c/Share

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Go back to Stewart Information Services (STC) Reports Q1 Loss of 52c/Share

Stewart Reports Results for the First Quarter 2015

April 23, 2015 7:01 AM EDT

HOUSTON, April 23, 2015 /PRNewswire/ -- Stewart Information Services Corporation (NYSE-STC) today reported net loss attributable to Stewart of $12.4 million, or $0.52 per diluted share, for the first quarter 2015, compared to net loss attributable to Stewart of $12.1 million, or $0.54 per diluted share, for the first quarter 2014.

The pretax loss for the first quarter 2015 was $18.9 million, an increase of $0.3 million when compared to the pretax loss of $18.6 million for the first quarter 2014. First quarter 2015 results include approximately $7.3 million of aggregate costs recorded primarily in the corporate segment related to the previously announced shareholder settlement and our ongoing cost management program,... More