Fairfax Financial (FRFHF) to Release Earnings on Thursday

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

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The financial services provider reported $50.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $43.72 by $6.70. Fairfax Financial had a net margin of 12.47% and a return on equity of 14.43%. The company had revenue of $7.74 billion during the quarter, compared to analyst estimates of $7.51 billion. 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 Stock Performance

FRFHF traded down $0.03 during trading on Tuesday, reaching $1,541.00. 1,605 shares of the company's stock were exchanged, compared to its average volume of 4,350. Fairfax Financial has a 1 year low of $1,027.00 and a 1 year high of $1,558.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.65 and a quick ratio of 2.45. The stock has a market capitalization of $34.95 billion, a P/E ratio of 9.57 and a beta of 0.58. The company's fifty day simple moving average is $1,428.21 and its 200-day simple moving average is $1,389.85.

Wall Street Analysts Forecast Growth

FRFHF has been the subject of a number of recent research reports. National Bankshares reissued an "outperform" rating on shares of Fairfax Financial in a research report on Monday, February 3rd. Raymond James raised shares of Fairfax Financial to a "moderate buy" rating in a research report on Thursday, April 10th.

Fairfax Financial Company Profile

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.