Stewart Information Services (STC) Tops Q1 EPS by 89c, Revenues Beat
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Stewart Reports First Quarter 2021 Results
April 21, 2021 4:20 PM EDTHOUSTON, April 21, 2021 /PRNewswire/ -- Stewart Information Services Corporation (NYSE: STC) today reported net income attributable to Stewart for the first quarter 2021 of $54.2 million ($2.01 per diluted share), compared to net income attributable to Stewart of $5.2 million ($0.22 per diluted share) for the first quarter 2020. On an adjusted basis, Stewart's first quarter 2021 net income of $51.7 million ($1.92 per diluted share) increased $38.4 million, or 289 percent, from $13.3 million ($0.56 per diluted share) in the first quarter 2020. First quarter 2021 pretax income before noncontrolling interests was $74.0 million compared to pretax income before noncontrolling interests of $9.3 million for the first quarter 2020.
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