Stewart Reports Fourth Quarter 2019 Results
Stewart Information Services Corporation (STC)
Last stewart information services corporation earnings: 11/6 06:15 am
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US:NYSE Investor Relations:
stewart.com/en/investor-relations.html
Company Research
Source: PR Newswire
HOUSTON, Feb. 5, 2020 /PRNewswire/ -- Stewart Information Services Corporation (NYSE: STC) today reported break-even results for the fourth quarter 2019, compared to net income attributable to Stewart of $11.4 million ($0.48 per diluted share) for the fourth quarter 2018 after commencing initiatives to reposition the company including, among others, office closures, asset impairments and the corporate reorganization. Pretax income before noncontrolling interests for the fourth quarter 2019 was $3.8 million compared to a pretax income before noncontrolling interests of $19.7 million for the fourth quarter 2018. Fourth quarter 2019 results included the following pretax items:$8.0 million of net realized and unrealized losses, which were primarily $11.7 million of impairment expenses relating to intangible assets, title plants and other assets, partially offset by $2.2 million of realized gains on sale of securities investments and $1.1 million of net unrealized gains on fair value chang
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STC
Sec Filings
- 11/12/24 - Form SC
- 11/6/24 - Form 10-Q
- 10/23/24 - Form 8-K
- STC's page on the SEC website