NYSE$FAF
First American Financial Corp · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported first quarter earnings with a diluted EPS of $2.10 and total revenue of $2.0 billion, marking a 43% increase compared to the previous year.
First American Financial Corporation reported strong first-quarter results, with a significant increase in total revenue and net income compared to the same period last year. The company's title segment achieved a record pretax margin for the first quarter, driven by strong purchase, refinance, and commercial markets. Strategic venture investments also contributed to the company's financial performance.
- Total revenue increased by 43% to $2.0 billion compared to the previous year.
- Net income reached $233.6 million, or $2.10 per diluted share, up from $63.2 million, or 55 cents per diluted share, in the first quarter of 2020.
- The Title Insurance and Services segment achieved a record first-quarter pretax margin of 17.1%.
- Venture investments contributed $42 million in gains and provided strategic partnerships.
Headline financials
Revenue & EPS history
First American · Revenue · Quarterly
$2.03B
Revenue by segment
First American · $2.02B total across 2 segments · Q1 2021
- Title Insurance and Services$1.89B+44.9%93.2%
- Home Warranty$137M—6.8%
Forward guidance
This document does not contain forward guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+1.2%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+1.7%
Avg return
30 days after
59%
40 / 68 earnings
Positive
+10.6%
Q1 2020
Best reaction
-7.3%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.5% | +6.1% | +2.5% | |
| Q4 2025 | +2.8% | +5.7% | +2.1% | |
| Q3 2025 | +3.2% | +2.3% | +5.2% | |
| Q2 2025 | -2.1% | -1.8% | +2.5% | |
| Q1 2025 | +4.9% | +2.8% | -6.8% | |
| Q3 2024 | -0.4% | -0.3% | +5.4% | |
| Q2 2024 | -0.2% | +2.9% | +10.2% | |
| Q1 2024 | -6.7% | -6.9% | -5.6% | |
| Q4 2023 | -0.6% | +1.5% | -6.0% | |
| Q3 2023 | +0.3% | +2.8% | +16.1% | |
| Q2 2023 | +4.9% | +5.1% | +0.1% | |
| Q1 2023 | +4.2% | +3.4% | -0.1% | |
| Q4 2022 | -2.2% | -0.6% | -13.9% | |
| Q3 2022 | +8.5% | +8.4% | +17.3% | |
| Q2 2022 | +2.0% | -1.5% | -0.1% | |
| Q1 2022 | -3.0% | +0.3% | +0.8% | |
| Q4 2021 | -7.3% | -7.4% | -12.2% | |
| Q3 2021 | -0.5% | +0.2% | +4.7% | |
| Q2 2021 | +3.1% | +2.8% | +8.0% | |
| Q1 2021 | +3.8% | +6.3% | +6.1% | |
| Q4 2020 | +3.0% | +2.6% | +5.6% | |
| Q3 2020 | -6.1% | -9.7% | -1.8% | |
| Q2 2020 | -2.5% | -6.0% | -8.7% | |
| Q1 2020 | +10.6% | +17.1% | +21.8% | |
| Q4 2019 | +5.0% | +5.4% | -13.9% | |
| Q3 2019 | +2.9% | +1.4% | +3.6% | |
| Q2 2019 | +3.5% | +4.2% | +3.2% | |
| Q1 2019 | +3.0% | +1.5% | -1.7% | |
| Q4 2018 | -1.6% | -2.7% | -3.7% | |
| Q3 2018 | +1.2% | +3.7% | +7.8% | |
| Q2 2018 | +3.2% | +2.8% | +3.9% | |
| Q1 2018 | -5.7% | -5.0% | -1.0% | |
| Q4 2017 | -4.7% | +0.1% | +3.7% | |
| Q3 2017 | +4.5% | +6.6% | +7.8% | |
| Q2 2017 | +5.6% | +4.7% | +4.6% | |
| Q1 2017 | +6.5% | +4.2% | +5.7% | |
| Q4 2016 | -0.3% | +0.1% | -3.4% | |
| Q3 2016 | -3.3% | -2.0% | -4.6% | |
| Q2 2016 | +2.1% | +0.6% | +1.9% | |
| Q1 2016 | -0.9% | — | — | |
| Q4 2015 | +9.8% | — | — | |
| Q3 2015 | -0.2% | — | — | |
| Q2 2015 | +4.5% | — | — | |
| Q1 2015 | +3.0% | — | — | |
| Q4 2014 | +5.6% | — | — | |
| Q3 2014 | +4.4% | — | — | |
| Q2 2014 | -2.2% | — | — | |
| Q1 2014 | +3.4% | — | — | |
| Q4 2013 | +2.4% | — | — | |
| Q3 2013 | +0.6% | — | — | |
| Q2 2013 | +2.0% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q3 2012 | -1.7% | — | — | |
| Q2 2012 | +4.3% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q4 2008 | +3.3% | — | — | |
| Q4 2011 | +3.3% | — | — | |
| Q3 2011 | +4.3% | — | — | |
| Q2 2011 | -3.7% | — | — | |
| Q1 2010 | -1.6% | — | — | |
| Q1 2011 | -0.9% | — | — | |
| Q4 2010 | -1.0% | — | — | |
| Q3 2010 | +2.8% | — | — | |
| Q3 2009 | +2.8% | — | — | |
| Q2 2010 | -2.8% | — | — | |
| Q2 2009 | -2.8% | — | — | |
| Q4 2009 | -2.8% | — | — |
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