Fidelity National Financial today reported second-quarter earnings of $190 million, or $1.07 per share, down 14.5 percent from a year ago when its earnings totaled $222.1 million, or $1.26 per share.

Total revenue for the second quarter of 2005 was $2.43 billion, up 10.5 percent from $2.2 billion reported for the second quarter of 2004

Total title and escrow revenue was $1.63 billion for the second quarter of 2005, up 3.2 percent from $1.58 billion in the second quarter of 2004.

The company reported net earnings for the first six months of 2005 at $634.5 million, up a dramatic 70 percent from the $372.3 million stated for the first half of 2004.

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 $38.85 per share this morning.

***

What’s your opinion? Send your Letter to the Editor to opinion@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
×