WASHINGTON (dpa-AFX) - Fidelity National Financial Inc (FNF) revealed earnings for first quarter that lost ground from last year.
The company said its profit declined to $94 million, or $0.33 per share. This was lower than $106 million, or $0.37 per share, in last year's first quarter.
Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 8.9% to $1.72 billion. This was up from $1.58 billion last year.
Fidelity National Financial Inc earnings at a glance:
-Earnings (Q1): $94 Mln. vs. $106 Mln. last year. -Earnings Decline (Y-o-Y): -11.3% -EPS (Q1): $0.33 vs. $0.37 last year. -EPS Decline (Y-o-Y): -10.8% -Analysts Estimate: $0.36 -Revenue (Q1): $1.72 Bln vs. $1.58 Bln last year. -Revenue Change (Y-o-Y): 8.9%
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