Fidelity National Financial today reported a dip in net earnings for the second quarter from a year ago. The company's earnings were $222.1 million, down from $248.3 million a year earlier. Earnings per share were $1.26, down from $1.62 during the same quarter last year. The company, which provides products and outsourced services to financial institutions and the real estate industry, reported second-quarter operating revenue of $2.2 billion, up from $2 billion during the same quarter in 2003. Title and escrow revenue was $1.5 billion, up from $1.4 billion the previous year. Fidelity National Information Services (FNIS), a wholly owned subsidiary of Fidelity National, has filed a registration statement to offer shares in an initial public offering. After the completion of the initial...
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