Enact Holdings Inc expected to post earnings of 87cents a share - Earnings Preview

Enact Holdings

29/10/2022 03:04

* Enact Holdings Inc  ACT.OQ   ACT.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 1. 
    * The  United States of America-based   company is expected
to
report  a 1.9% decrease in revenue to $274.863 million from
$280.31 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Enact Holdings Inc
is for
earnings of 87 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Enact
Holdings
Inc is $25​, below​ its last closing price of $25.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.86        0.86       1.25      Beat    46.2
 Mar. 31 2022  0.86        0.84       1.01      Beat    20.1
 Dec. 31 2021  0.84        0.83       0.94      Beat    13.5​
 Sep. 30 2021  0.81        0.81       0.84      Beat    3.9
 ​​                                                     
                                                        ​
 This summary was machine generated October 29 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated