Enact Holdings Inc expected to post earnings of 99 cents a share - Earnings Preview
29/07/2024 21:38
* Enact Holdings Inc ACT.OQ ACT.O is expected to show a
rise
in quarterly revenue when it reports results on July 31 for the
period ending June 30 2024
* The Raleigh North Carolina-based company is expected to
report
a 7.6% increase in revenue to $298.732 million from $277.52
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Enact Holdings Inc is
for
earnings of 99 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 $36.00, above its last closing price of $34.55.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.97 0.96 1.04 Beat 8.7
Dec. 31 2024 0.91 0.92 0.98 Beat 6.8
Jan. 1 0001 0.90 0.89 1.02 Beat 14.7
Jan. 1 0001 0.86 0.84 1.04 Beat 24.4
Mar. 0.79 0.80 1.08 Beat 34.9
31 2023
Dec. 31 2022 0.85 0.84 0.88 Beat 4.6
Sep. 30 2022 0.86 0.87 1.17 Beat 34.7
Jan. 1 0001 0.86 0.86 1.25 Beat 46.2
This summary was machine generated July 29 at 20:37 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)