FNF Group of Fidelity National Financial (FNF) Releases Earnings Results, Beats Expectations By $0.01 EPS

FNF Group of Fidelity National Financial (FNF) reported quarterly earnings results on Wednesday, Jul-20-2016. The company said it had a profit of $0.67 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.66. The company posted revenue of $2134.00 million in the period, compared to analysts expectations of $2101.17 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.

Many Wall Street Analysts have commented on FNF Group of Fidelity National Financial. FNF Group of Fidelity National Financial was Downgraded by Keefe Bruyette to ” Mkt Perform” on Jul 18, 2016. Company shares were Reiterated by Piper Jaffray on Jul 5, 2016 to “Overweight”, Firm has raised the Price Target to $ 43 from a previous price target of $38 .

FNF Group of Fidelity National Financial closed down -0.26 points or -0.70% at $37.04 with 5,59,251 shares getting traded on Monday. Post opening the session at $37.42, the shares hit an intraday low of $36.65 and an intraday high of $37.42 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Jul 7, 2016, Michael Joseph Nolan (President) sold 9,978 shares at $11.34 per share price. According to the SEC, on Jun 29, 2016, Raymond R Quirk (Chief Executive Officer) sold 161,199 shares at $35.06 per share price. On Jun 27, 2016, Brent B Bickett (Executive Vice President) sold 34,542 shares at $35.17 per share price, according to the Form-4 filing with the securities and exchange commission.

FNF Group of Fidelity National Financial

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