Enact Holdings Inc expected to post earnings of 89  cents a share - Earnings Preview

Enact Holdings

31/10/2023 02:01

* Enact Holdings Inc  ACT.OQ   ACT.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The Raleigh North Carolina-based  company is expected to
report 
a 5.9% increase in revenue to $291.405 million from $275.08
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Enact Holdings Inc
is for
earnings of 89 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Enact
Holdings
Inc is $30​, above​ its last closing price of $27.20. ​​​

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 2023  0.86        0.84       1.04      Beat    24.4
 Mar. 31 2023  0.79        0.80       1.08      Beat    34.9
 Dec. 31 2022  0.85        0.84       0.88      Beat    4.6​
 Sep. 30 2022  0.86        0.87       1.17      Beat    34.7
 ​​Jun.        0.86        0.86       1.25      Beat    46.2
 30 2022                                                
 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 31 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated