India, Oct. 22 -- First American Financial Corp. (FAF), a provider of title insurance, settlement services and risk solutions for real estate transactions, reported Thursday that its net income for the third quarter declined to $182.3 million or $1.62 per share, from $187.2 million or $1.65 per share in the year-ago period.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.27 per share for the quarter. Analysts' estimates typically exclude special items.
Net realized investment gains in the latest quarter were $45.0 million or $0.30 per share, compared with net realized investment gains of $1.5 million or $0.01 per share, in the year-ago period.
In addition, a pre-tax impairment of assets held f...