Essent Group Ltd expected to post earnings of $1.51 a share - Earnings Preview

Essent

02/11/2022 15:35

* Essent Group Ltd  ESNT.N   ESNT.K  is expected to show a
fall in
quarterly revenue when it reports  results on November 4. 
    * The Hamilton Bermuda-based   company is expected to report
 a
13.3% decrease in revenue to $245.9 million from $283.54 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 $1.51 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 $53​, above​ its last closing price of $39.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.54        1.51       2.16      Beat    43.1
 Mar. 31 2022  1.45        1.46       2.52      Beat    72.9
 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.        1.27        1.26       1.42      Beat    12.3
 30 2021                                                
 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
 This summary was machine generated November 2 at 15:35 GMT.  All
figures in US dollars  unless otherwise stated