First American Corp. Q1 Income Advances 40%

(RTTNews) - First American Corp. (FAF) released earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $52.5 million, or $0.47 per share. This was up from $37.6 million, or $0.34 per share, in last year's first quarter.

The company said revenue for the quarter rose 8.1% to $1.20 billion. This was up from $1.11 billion last year.

First American Corp. earnings at a glance:

-Earnings (Q1): $52.5 Mln. vs. $37.6 Mln. last year. -Earnings Growth (Y-o-Y): 39.6% -EPS (Q1): $0.47 vs. $0.34 last year. -EPS Growth (Y-o-Y): 38.2% -Revenue (Q1): $1.20 Bln vs. $1.11 Bln last year. -Revenue Change (Y-o-Y): 8.1%