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NYSE:FNF
Fidelity National Financial Inc Stock Earnings Reports
$61.83
+0.345 (+0.561%)
At Close: Apr 17, 2025
Fidelity National Financial Earnings Calls
Q1 2025
(Upcoming)
| Release date | May 14, 2025 |
| EPS estimate | $1.13 |
| EPS actual | - |
| Revenue estimate | - |
| Revenue actual | - |
| Expected change | +/- 2.64% |
Q4 2024
Beat
$1.34 (8.94%)
| Release date | Feb 20, 2025 |
| EPS estimate | $1.23 |
| EPS actual | $1.34 |
| EPS Surprise | 8.94% |
| Revenue estimate | 3.329B |
| Revenue actual | 3.529B |
| Revenue Surprise | 6.01% |
Q3 2024
Missed
$1.30 (-6.47%)
| Release date | Nov 06, 2024 |
| EPS estimate | $1.39 |
| EPS actual | $1.30 |
| EPS Surprise | -6.47% |
| Revenue estimate | 3.315B |
| Revenue actual | 3.519B |
| Revenue Surprise | 6.15% |
Q2 2024
Missed
$1.24 (-7.46%)
| Release date | Aug 05, 2024 |
| EPS estimate | $1.34 |
| EPS actual | $1.24 |
| EPS Surprise | -7.46% |
| Revenue estimate | 3.2B |
| Revenue actual | 3.189B |
| Revenue Surprise | -0.343% |
Last 4 Quarters for Fidelity National Financial
Below you can see how FNF performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Missed
| Release date | Aug 05, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $53.94 |
| EPS estimate | $1.34 |
| EPS actual | $1.24 |
| EPS surprise | -7.46% |
| Date | Price |
|---|---|
| Jul 30, 2024 | $55.04 |
| Jul 31, 2024 | $55.41 |
| Aug 01, 2024 | $55.43 |
| Aug 02, 2024 | $54.85 |
| Aug 05, 2024 | $53.94 |
| Aug 06, 2024 | $53.43 |
| Aug 07, 2024 | $54.06 |
| Aug 08, 2024 | $54.72 |
| Aug 09, 2024 | $54.94 |
| 4 days before | -2.00% |
| 4 days after | 1.85% |
| On release day | -0.95% |
| Change in period | -0.182% |
Q3 2024
Missed
| Release date | Nov 06, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $60.89 |
| EPS estimate | $1.39 |
| EPS actual | $1.30 |
| EPS surprise | -6.47% |
| Date | Price |
|---|---|
| Oct 31, 2024 | $60.17 |
| Nov 01, 2024 | $58.80 |
| Nov 04, 2024 | $58.96 |
| Nov 05, 2024 | $59.49 |
| Nov 06, 2024 | $60.89 |
| Nov 07, 2024 | $59.12 |
| Nov 08, 2024 | $60.23 |
| Nov 11, 2024 | $60.18 |
| Nov 12, 2024 | $61.05 |
| 4 days before | 1.20% |
| 4 days after | 0.263% |
| On release day | -2.91% |
| Change in period | 1.46% |
Q4 2024
Beat
| Release date | Feb 20, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $57.57 |
| EPS estimate | $1.23 |
| EPS actual | $1.34 |
| EPS surprise | 8.94% |
| Date | Price |
|---|---|
| Feb 13, 2025 | $57.70 |
| Feb 14, 2025 | $57.95 |
| Feb 18, 2025 | $58.30 |
| Feb 19, 2025 | $58.41 |
| Feb 20, 2025 | $57.57 |
| Feb 21, 2025 | $59.46 |
| Feb 24, 2025 | $59.90 |
| Feb 25, 2025 | $60.93 |
| Feb 26, 2025 | $61.51 |
| 4 days before | -0.225% |
| 4 days after | 6.84% |
| On release day | 3.28% |
| Change in period | 6.60% |
Q1 2025
(Upcoming)
| Release date | May 14, 2025 |
| Fiscal end date | Mar 30, 2025 |
| Price on release | - |
| EPS estimate | $1.13 |
| EPS actual | - |
| Date | Price |
|---|---|
| Apr 11, 2025 | $59.98 |
| Apr 14, 2025 | $62.06 |
| Apr 15, 2025 | $62.44 |
| Apr 16, 2025 | $61.48 |
| Apr 17, 2025 | $61.83 |
Fidelity National Financial Earnings Call Transcript Summary of Q4 2024
Title Segment
Q4 adjusted pre-tax earnings reached $343 million, up from $198 million in Q4 2023.
Full-year adjusted pre-tax earnings were $1.2 billion, with a margin of 15.1%.
Daily purchase orders rose 6% year-over-year in Q4.
Commercial revenue for 2024 was near record levels, totaling $1.2 billion.
F&G Segment Growth
- Record Asset Growth: F&G's assets under management (AUM) reached $65.3 billion, showing healthy growth before flow reinsurance.
- Profit Contribution: F&G accounted for 38% of FNF's consolidated adjusted net earnings in 2024.
Financial Highlights
- Consolidated Revenue: Total revenue was reported at $3.6 billion for Q4, leading to full-year revenue of $13.6 billion, a 14% increase from 2023.
- Adjusted Net Earnings: For Q4, adjusted net earnings were $366 million ($1.34 per share), up from $204 million ($0.75 per share) in Q4 2023.
- Investment Returns: FNF reported strong performance despite challenges in the housing market, with margins improving due to operational efficiencies.
Market Insights
- Transactional Environment: FNF navigated a low transaction environment, with refinance orders showing an increase as mortgage rates fluctuate.
- Pent-Up Demand: The housing market is expected to recover gradually, supported by demographic trends and historical data indicating a fundamental need for housing.
Future Outlook
- 2025 Expectations: Anticipation of normal seasonal trends, despite persistent high mortgage rates (around 7%).
- Innovations and Efficiency: Ongoing investments in technology, including AI and a digital transaction platform, are expected to enhance customer and operational efficiencies.
Capital Management
- Share Buybacks: Discussion on resuming share buybacks based on cash generation stability.
- Debt Management: Maintained a strong balance sheet with a debt to capitalization ratio within target ranges.
Comments on Growth and Synergies
- F&G as a Growth Engine: F&G's robust sales and diversification into higher return products indicate a path for continued growth.
- Strategic Considerations: An opportunity for a potential spin-off of F&G post the five-year acquisition anniversary is positioned as not a primary focus currently, with emphasis on growing F&G's AUM and earnings.
Closing Remarks
Management remains optimistic about recovery in both the title and F&G segments moving forward, with a strong focus on delivering value and operational excellence.
Fidelity National Financial Earnings History
Earnings Calendar
FAQ
When is the earnings report for FNF?
Fidelity National Financial Inc (FNF) has scheduled its earnings report for May 14, 2025 before the markets open.
What is the FNF price-to-earnings (P/E) ratio?
FNF P/E ratio as of Apr 17, 2025 (TTM) is 37.30.
What is the FNF EPS forecast?
The forecasted EPS (Earnings Per Share) for Fidelity National Financial Inc (FNF) for the first fiscal quarter 2025 is $1.13.
What are Fidelity National Financial Inc's retained earnings?
On its balance sheet, Fidelity National Financial Inc reported retained earnings of $3.53 billion for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
