Fairfax Financial (FRFHF) Expected to Announce Earnings on Thursday

Fairfax Financial (OTCMKTS:FRFHF) is projected to post its quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect Fairfax Financial to post earnings of $41.89 per share and revenue of $7.76 billion for the quarter.

Fairfax Financial (OTCMKTS:FRFHF) last released its earnings results on Thursday, February 20th. The financial services provider reported $50.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $43.72 by $6.70. The firm had revenue of $7.74 billion for the quarter, compared to analysts’ expectations of $7.51 billion. Fairfax Financial had a return on equity of 14.43% and a net margin of 12.47%. On average, analysts expect Fairfax Financial to post $167 EPS for the current fiscal year and $179 EPS for the next fiscal year.

Fairfax Financial Price Performance

Fairfax Financial stock opened at $1,509.04 on Thursday. The company has a market capitalization of $34.39 billion, a PE ratio of 9.37 and a beta of 0.58. The company has a current ratio of 3.65, a quick ratio of 2.45 and a debt-to-equity ratio of 0.43. Fairfax Financial has a 12 month low of $1,027.00 and a 12 month high of $1,519.00. The stock has a 50-day moving average price of $1,422.36 and a two-hundred day moving average price of $1,380.94.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FRFHF. National Bankshares reaffirmed an “outperform” rating on shares of Fairfax Financial in a research note on Monday, February 3rd. Raymond James upgraded shares of Fairfax Financial to a “moderate buy” rating in a research note on Thursday, April 10th.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.