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

Essent

02/08/2023 19:33

* Essent Group Ltd  ESNT.N   ESNT.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 4. 
    * The Hamilton Bermuda-based   company is expected to report
 a
6.8% increase in revenue to $261.116 million from $244.41
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 $1.51 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $50​, above​ its last closing price of $49.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.45        1.45       1.59      Beat    9.9
 Dec. 31 2023  1.49        1.48       1.37      Missed  -7.3
 Sep. 30 2022  1.52        1.51       1.66      Beat    10.3​
 Jun. 30 2022  1.54        1.51       2.16      Beat    43.1
 ​​Mar.        1.45        1.46       2.52      Beat    72.9
 31 2022                                                
 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
 This summary was machine generated August 2 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated