Essent Group Ltd expected to post earnings of $1.40 a share - Earnings Preview

Essent

09/02/2022 17:46

* Essent Group Ltd  ESNT.N   ESNT.K  is expected to show a
fall in
quarterly revenue when it reports  results on February 11. 
    * The Hamilton Bermuda-based   company is expected to report
 a
2.5% decrease in revenue to $241.127 million from $247.2 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Essent Group Ltd is
for
earnings of $1.40 per share. For the same quarter last year, the
company reported earnings of $1.10 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"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 $56​, about 16.2% above​ its last closing price
of $46.91. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.35        1.35       1.84      Beat    36.1
 Jun. 30 2021  1.27        1.26       1.42      Beat    12.3
 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.        1.08        0.99       1.11      Beat    11.9
 30 2020                                                
 Jun. 30 2020  0.37        0.47       0.15      Missed  -68​
 Mar. 31 2020  1.42        1.44       1.52      Beat    5.2
 Dec. 31 2019  1.46        1.44       1.49      Beat    3.4
 This summary was machine generated February 9 at 17:46 GMT.  All
figures in US dollars  unless otherwise stated