First American Financial Corp. Reveals Rise In Q1 Bottom Line

(RTTNews) - First American Financial Corp. (FAF) reported earnings for its first quarter that rose from the same period last year.

The company's profit totaled $76.2 million, or $0.67 per share. This compares with $58.3 million, or $0.52 per share, in last year's first quarter.

Analysts had expected the company to earn $0.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.5% to $1.30 billion from $1.32 billion last year.

First American Financial Corp. earnings at a glance:

-Earnings (Q1): $76.2 Mln. vs. $58.3 Mln. last year. -EPS (Q1): $0.67 vs. $0.52 last year. -Analysts Estimate: $0.67 -Revenue (Q1): $1.30 Bln vs. $1.32 Bln last year.