Essent Group Ltd expected to post earnings of $1.46 a share - Earnings Preview

Essent

04/05/2022 19:31

* Essent Group Ltd  ESNT.N   ESNT.K  is expected to show a
fall in
quarterly revenue when it reports  results on May 6. 
    * The Hamilton Bermuda-based   company is expected to report
 a
1.9% decrease in revenue to $240.038 million from $244.8 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 $1.46 per share. For the same quarter last year, the
company reported earnings of $1.21 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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 $55​, above​ its last closing price of $42.11. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.41        1.40       1.64      Beat    17.2
 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.        1.24        1.22       1.10      Missed  -9.9
 31 2020                                                
 Sep. 30 2020  1.08        0.99       1.11      Beat    11.9​
 Jun. 30 2020  0.37        0.47       0.15      Missed  -68
 Mar. 31 2020  1.42        1.44       1.52      Beat    5.2
 This summary was machine generated May 4 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated