First American Financial (FAF) Tops Q3 EPS by 4c

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Go back to First American Financial (FAF) Tops Q3 EPS by 4c

First American Financial Reports Third Quarter 2020 Results

October 22, 2020 6:45 AM EDT

Reports Earnings of $1.62 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, 2020.

Current Quarter Highlights

Total revenue of $1.9 billion, up 15 percent compared with last year Closed title orders up 30 percent, driven by an 85 percent increase in refinance orders Average revenue per order down 13 percent,... More