Earnings Preview: Fidelity National

Fidelity National Financial (FNF) is expected to report Q3 earnings Wednesday after the close with a conference call scheduled for 9:00 am on Thursday, October 23.

Guidance

Analysts are looking for EPS of 3c on revenue of $1.1B. The consensus range for EPS is 1c to 6c, while the consensus range for revenue is $1.09B to $1.12B, according to First Call.

Analyst Views

RBC Capital recently initiated coverage of Fidelity National with an Outperform rating and Above Average risk. The firm believes the company is a low-cost producer, and it thinks the company has a strong balance sheet. In addition, RBC believes the company's management is top-notch, while its valuation is cheap. The firm set a target of $14. The company announced last month that it may lay off 10% of its workers.