First American Financial (FAF) Tops Q3 EPS by 3c
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First American Financial Reports Third Quarter 2016 Results
October 20, 2016 6:45 AM EDTReports Earnings of 96 Cents per Diluted Share
SANTA ANA, Calif.--(BUSINESS WIRE)-- First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced financial results for the third quarter ended Sept. 30, 2016.
Current Quarter Highlights
Total revenue of $1.5 billion, up 9 percent compared with last year Closed title orders were up 20 percent, driven by a 49 percent increase in refinance orders Average revenue per order was down 10 percent, driven by higher... More