Fidelity National Financial today reported net earnings of $193.8 million, or $1.09 per diluted share, for the third quarter of 2004.

That’s a drop from the company’s net earnings of $277.3 million, or $1.81 per diluted share, in the third quarter of 2003. For the first nine months of 2004, net earnings were $566.1 million, or $3.23 per diluted share. During the first nine months of last year, net earnings were $665.6 million, or $4.50 per diluted share.

Operating revenue for the third quarter of 2004 was $2.14 billion, compared with $2.17 billion for the same time last year. Total title and escrow revenue was $1.51 billion for the third quarter, compared with $1.53 billion in the third quarter of 2003.

Fidelity National Financial provides products and outsourced services and solutions to financial institutions and the real estate industry.

Fidelity’s stock (NYSE: FNF) was trading at $34.86 per share this morning.

***

What’s your opinion? Send your Letter to the Editor to samantha@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top