Stewart Information Services Corporation (NYSE:STC) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET

Company Participants

Kathryn Bass - Director of Investor Relations
Frederick Eppinger - Chief Executive Officer
David Hisey - Chief Financial Officer

Conference Call Participants

Soham Bhonsle - BTIG
Bose George - KBW
John Campbell - Stephens Inc.

Operator

Hello and thank you all for joining the Stewart Information Services Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode, but later you will have an opportunity to ask questions during the question-and-answer session. Instructions will be given at that time. Please note today's call is being recorded. [Operator Instructions]

It is now my pleasure to turn today's conference over to Kath Bass, Director of Investor Relations. Please go ahead.

Kathryn Bass

Thank you for joining us today for Stewart's second quarter 2024 earnings conference call. We will be discussing results that were released yesterday after the close. Joining me today are CEO, Fred Eppinger; and CFO, David Hisey. To listen online, please go to the stewart.com website to access the link for this conference call.

This conference call may contain forward-looking statements that involve a number of risks and uncertainties. Please refer to the company's press release and other filings with the SEC for a discussion of the risks and uncertainties that could cause our actual results to differ materially.

During our call, we will discuss some non-GAAP measures. For a reconciliation of these non-GAAP measures, please refer to the appendix in today's earnings release, which is available on our website at stewart.com.

Let me now turn the call over to Fred.

Frederick Eppinger

Thank you for joining us today for Stewart's second quarter 2024 earnings conference call. Yesterday, we released financial results for the quarter, which David will review with you shortly.

I'd like to kick off the call by sharing our outlook on the current housing market, followed by an update on the progress we're making on each of our businesses. I'm very pleased with our results this quarter. We have continued to make great progress on our strategic initiatives and are winning share in multiple businesses. These things are difficult to pull off in a normal market, much less an environment that we're in now. The housing market has remained depressed much longer than most people anticipated, but Stewart has maintained our competitive edge by improving our financial and operational positions. We remain confident that we are well positioned to capitalize on improving market conditions.