Stewart Information Services beat earnings estimates but saw stock downgrades amid market concerns.
Stewart Information Services reported a strong quarter, beating earnings estimates with $1.12 per share and announced a $0.50 quarterly dividend. However, analysts from Keefe, Bruyette & Woods and StockNews.com downgraded the stock due to market conditions. The company's net income for 2024 was $73.3 million, up from $30.4 million in 2023, with CEO Fred Eppinger expressing confidence in their resilience and future growth plans.
2 months ago
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