Earnings Preview: Fidelity National Financial

Fidelity National Financial (FNF) is expected to report Q2 earnings after market close Wednesday, July 23, with a conference call scheduled for Thursday, July 24 at 10:00 a.m. ET .

Guidance

Analysts are looking for EPS of 13c on revenue of $1.09B. The consensus range for EPS is 12c to 15c, while the consensus range for revenue is $1.04B to $1.14B, according to First Call.

Early last month, Fidelity announced that it would continue to look to sell some of its assets. The company added that it may use the proceeds from these sales to buy back its own shares. Early in July, the company announced that it had sold approximately 20% of its ownership stake in the parent company of Sedgwick Claims Management Services to Unitedhealth Group (UNH). Investors with long positions in Fidelity will be hoping that the company can stop the stock's slide by reporting better than expected results.