Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Stewart Information Services Corp. (NYSE: STC) today reported that for the second year in a row, annual revenues, net earnings, orders and earnings per share during the fourth quarter and year-end 2003 were the largest in the company's history Revenues for the year 2003 were $2.2 billion, a 26 percent increase from 2002. Net earnings for the year 2003 were $123.8 million, or $6.88 per share, compared with net earnings of $94.5 million, or $5.30 per share, for 2002. Stewart's assets now exceed $1 billion for the first time in the company's history. Stewart earned $20.8 million, or $1.15 per share, for the fourth quarter of 2003, compared with earnings of $43.8 million, or $2.46 per share, for the fourth quarter of 2002. Revenues for the fourth quarter increased to $614.9 million compar...