Are Fidelity National Financial Inc (FNF) Earnings Missing Out on Housing’s Bounce?

Still, Fidelity National is on the move to continue diversifying its holdings. Just yesterday, it exercised an option to invest $4 million more in tiny Ecosphere Energy Services, bringing its ownership interest up to 39%, and Fidelity National has the option to take a majority interest for another $6 million by the end of this year. With its water treatment and recycling business working to treat and recycle billions of gallons of water for oil and gas drillers across the nation, Ecosphere is trying to tap into an industry in which bigger players like Nuverra Environmental Solutions Inc (NYSE:NES) have found great success.

In the Fidelity National Financial Inc (NYSE:FNF) earnings report, look for a progress report on the Lender Processing transaction. With such a wide set of businesses, Fidelity National demands a close look from investors trying to evaluate the various trends among the industries it covers.

The article Are Fidelity National Earnings Missing Out on Housing’s Bounce? originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends First American Financial Corp (NYSE:FAF).

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.