Essent Group Ltd expected to post earnings of $1.26 a share - Earnings Preview

Essent

04/08/2021 14:38

* Essent Group Ltd  ESNT.N   ESNT.K  is expected to show a rise
in quarterly revenue when it reports results on August 6. 
* The Hamilton, Bermuda-based company is expected to report   a
0.6% increase in revenue to $237.538 million from $236.08
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Essent Group Ltd is for
earnings of $1.26 per share. For the same quarter last year, the
company reported earnings of 15 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "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 Essent Group
Ltd is $58​, about 22.2% above​ its last closing price
of $45.12. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.20        1.21       1.21      Met     -0.2
 Dec. 31 2020  1.24        1.22       1.10      Missed  -9.9
 Sep. 30 2020  1.08        0.99       1.11      Beat    11.9​
 Jun. 30 2020  0.37        0.47       0.15      Missed  -68
 Mar.          1.42​       1.44       1.52      Beat    5.2​
 31​ 2020​                                              
 Dec. 31 2019  1.46        1.44       1.49      Beat    3.4​
 Sep. 30 2019  1.39        1.38       1.47      Beat    6.5
 Jun. 30 2019  1.33        1.31       1.39      Beat    6.1
 This summary was machine generated August 4 at 13:38 GMT.  All
figures in US dollars unless otherwise stated