Fidelity National Financial Posts Loss In Q1 On Higher Expenses - Quick Facts

(RTTNews) - Fidelity National Financial, Inc. (FNF) reported a first-quarter GAAP net loss to shareholders of $22 million, or $0.08 per share, compared to net profit of $90 million, or $0.39 per share in the first quarter of 2013. Adjusted net earnings was $74 million, or $0.26 per share, for the first quarter.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.17 for the quarter. Analysts' estimates typically exclude special items.

Total revenue increased to $2.09 billion from $2.04 billion. Analysts expected revenue of $2.07 billion for the quarter. Total revenue from core operations was $1.40 billion, compared to $1.38 billion, prior year.

Total expenses were $2.17 billion, compared to $1.90 billion, previous year.