SANTA ANA, Calif. (AP) — SANTA ANA, Calif. (AP) — First American Financial Corp. (FAF) on Wednesday reported third-quarter profit of $189.6 million.
The Santa Ana, California-based company said it had profit of $1.84 per share. Earnings, adjusted for non-recurring gains, came to $1.70 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.
The financial services company posted revenue of $1.98 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.85 billion.
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