TFMG
5年前
$CLGX Corelogic Inc on Breakout Watch
CoreLogic, Inc. provides property information, analytics and data-enabled services in North America, Western Europe and Asia Pacific. The company offers its clients a comprehensive national database covering real property and mortgage information, judgments and liens, building and replacement costs, parcel and geospatial data, criminal background records, eviction information, non-prime lending records, credit information, and tax information, among other data types. It operates through the following business segments: Property Intelligence & Risk Management Solutions and Underwriting & Workflow Solutions. The Property Intelligence & Risk Management Solutions segment combines property information, mortgage information and consumer information to deliver unique housing market and property-level insights, predictive analytics and risk management capabilities. The Underwriting & Workflow Solutions segment combines property information, mortgage information and consumer information to provide comprehensive mortgage origination and monitoring solutions, including underwriting-related solutions and data-enabled valuations and appraisals. The company was founded on1894 is headquartered in Irvine, CA.
mlkrborn
13年前
CLGX down to $10 52 weeks low levelCoreLogic 2Q profit rises with gain from RP Data
CoreLogic second-quarter net income rises with gain from RP Data
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CLGX 9.91 -4.43
On Thursday August 4, 2011, 10:10 pm EDT
SANTA ANA, Calif. (AP) -- Data aggregator CoreLogic Inc. said Thursday that its second-quarter net income rose as the company's revenue declined but it benefited from a large gain related to its recent acquisition of the remaining 60 percent of Australian real estate information company RP Data Ltd.
In the April-June period the company's earnings rose to $31.5 million, or 29 cents per share, from $24.4 million, or 22 cents per share, in the year-ago quarter. In the most recent quarter, CoreLogic received a boost of $58.9 million from its initial investment in RP Data, which collects property data in Australia and New Zealand.
CoreLogic paid $157.2 million in May for the remaining portion of RP Data that it didn't already.
The results beat estimates of analysts polled by FactSet, who expected 25 cents per share.
Revenue fell nearly 4 percent to $396 million. Analysts were expecting nearly $399 million.
CoreLogic said its data and analytics revenue climbed 6 percent to $200 million, helped by revenue from RP Data, while business and information services revenue fell 12 percent to $200 million.