Stewart Information Services: 3Q Earnings Snapshot - Brownsville Herald: Texas

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Stewart Information Services: 3Q Earnings Snapshot

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Posted: Tuesday, October 22, 2019 3:57 pm

HOUSTON (AP) — Stewart Information Services Corp. (STC) on Tuesday reported third-quarter profit of $66.1 million.

The Houston-based company said it had net income of $2.78 per share. Earnings, adjusted for one-time gains and costs, were $1.28 per share.

The title insurance and real estate services company posted revenue of $559.5 million in the period.

Stewart Information Services shares have decreased nearly 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.67, a drop of nearly 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STC at https://www.zacks.com/ap/STC

© 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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