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

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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