UPDATE 1-Title insurer Stewart posts narrower Q1 loss

* Q1 loss/shr $1.59 vs loss/shr $2.07 yr ago

* Q1 aided by higher agency income

April 29 (BestGrowthStock) – U.S. title insurer Stewart Information
Services Corp (STC.N: ) posted a narrower quarterly loss, as
revenue from its agency operations rose 21 percent.

The Houston-based company lost $29.0 million, or $1.59 a
share, for the first quarter, compared with a loss of $37.6
million, or $2.07 a share, a year ago.

The company said it had revenue of $202.6 million from
agency operations, compared with $166.8 million in the year-ago
quarter.

Bigger rival Fidelity National Financial Inc (FNF.N: ) posted
a higher profit for the quarter last week, while First American
Corp (FAF.N: ) is scheduled to announce results later on
Thursday.

Stewart Information shares closed at $14.39 Wednesday on
the New York Stock Exchange.

Money

(Reporting by Anurag Kotoky in Bangalore; Editing by Vinu
Pilakkott)

UPDATE 1-Title insurer Stewart posts narrower Q1 loss