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

Enact Holdings

04/05/2022 03:25

* Enact Holdings Inc  ACT.OQ  reported quarterly adjusted
earnings
of $1.01​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 84 cents per share.
    * Revenue was $269.59 million​;  analysts expected $272.33
million. 
    * Enact Holdings Inc's reported EPS for the quarter was
$1.01​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Enact Holdings Inc shares had risen by 3.6% this
quarter and
gained 11.5% so far this year.
    * The company reported quarterly net income of $164.63
million.
    * Wall Street's median 12-month price target for Enact
Holdings
Inc is $25.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 02:25 a.m.  ​All
figures in US dollars unless otherwise stated