First American Financial Corp. Profit Advances In Q1

First American Financial Corp. (FAF) revealed earnings for its first quarter that increased from the same period last year

The company's bottom line totaled $74.2 million, or $0.71 per share. This compares with $46.7 million, or $0.45 per share, last year.

Excluding items, First American Financial Corp. reported adjusted earnings of $87.9 million or $0.84 per share for the period.

The company's revenue for the period rose 11.1% to $1.582 billion from $1.424 billion last year.

First American Financial Corp. earnings at a glance (GAAP) :

-Earnings: $74.2 Mln. vs. $46.7 Mln. last year.
-EPS: $0.71 vs. $0.45 last year.
-Revenue: $1.582 Bln vs. $1.424 Bln last year.

by RTTNews Staff Writer

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