Fidelity National Financial, Inc. (FNF) Wednesday reported first-quarter profit of $90 million or $0.39 per share, up from $74 million or $0.33 per share in the same period last year.
On average, four analysts polled by Thomson Reuters expected the company to earn $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues increased to $2.05 billion from $1.19 billion last year. Analysts expected revenues of $2.00 billion.
Total title premiums increased to $938 million from $768 million last year. First-quarter commercial title revenues were $88 million, up 6 percent from last year. Restaurant group revenues were $351 million.
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