Enact Holdings Inc reports results for the quarter ended in December - Earnings Summary

Enact Holdings

06/02/2023 22:42

* Enact Holdings Inc  ACT.OQ  reported quarterly adjusted
earnings
of 88 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was
for earnings of 84 cents per share.
    * Revenue rose 1.5% to $276.84 million from a year ago;
analysts
expected $277.25 million. 
    * Enact Holdings Inc's reported EPS for the quarter was 88
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Enact Holdings Inc shares had risen by 4.1% this quarter.
    * The company reported quarterly net income of $143.81
million.
    * Wall Street's median 12-month price target for Enact
Holdings
Inc is $26.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
6 at 10:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.84           0.88           Beat
 Sep. 30 2022      0.87           1.17           Beat
 Jun. 30 2022      0.86           1.25           Beat
 Mar. 31 2022      0.84           1.01           Beat