Loading...
•
Dec 31, 2020
Stewart Q4 2020 Earnings Report
Reported a strong increase in revenue and net income compared to the prior year quarter.
Key Takeaways
Stewart Information Services Corporation reported a significant increase in both revenue and net income for the fourth quarter of 2020. Operating revenues increased by 42% to $728.3 million, and net income improved to $59.7 million, compared to break-even results in the prior year quarter. Adjusted net income also saw a substantial rise, reaching $56.4 million, a 174% increase from Q4 2019.
Operating revenues increased by 42% to $728.3 million.
Net income was $59.7 million, a significant improvement from the prior year quarter.
Adjusted net income increased by 174% to $56.4 million.
Diluted EPS was $2.22, compared to $0.00 in the prior year quarter.
Stewart
Stewart
Stewart Revenue by Geographic Location
Revenue by Geographic Location
Domestic Non-commercial Revenue
CapyFin.comDomestic Commercial Revenue
CapyFin.comInternational Commercial Revenue
CapyFin.com Forward Guidance
Management anticipates that the 2021 loss ratio will be comparable to the full year 2020 loss ratio.
Revenue & Expenses
Visualization of income flow from segment revenue to net income