SANTA ANA, Calif. (AP) — SANTA ANA, Calif. (AP) — First American Financial Corp. (FAF) on Wednesday reported a loss of $104 million in its third quarter.
The Santa Ana, California-based company said it had a loss of $1 per share. Earnings, adjusted for investment costs and amortization costs, were $1.34 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.
The financial services company posted revenue of $1.41 billion in the period.
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