Stewart Information Services (STC) Tops Q2 EPS by 2c

Go back to Stewart Information Services (STC) Tops Q2 EPS by 2c

Stewart Reports Results for the Second Quarter 2015

July 23, 2015 7:01 AM EDT

HOUSTON, July 23, 2015 /PRNewswire/ -- Stewart Information Services Corporation (NYSE-STC) today reported net income attributable to Stewart of $17.1 million, or $0.72 per diluted share, for the second quarter 2015, compared to net income attributable to Stewart of $6.3 million, or $0.27 per diluted share, for the second quarter 2014.

Pretax income for the second quarter 2015 was $31.0 million, an increase of $19.5 million when compared to pretax income of $11.5 million for the second quarter 2014. Second quarter 2015 results include approximately $7.7 million of aggregate costs (consisting of severance, consulting and third party service provider transition costs) recorded primarily in the corporate segment related to our... More