Essent Group Ltd reports results for the quarter ended in December - Earnings Summary

Essent

10/02/2023 14:32

* Essent Group Ltd  ESNT.N  reported quarterly adjusted
earnings
of $1.37​​ per share for the quarter ended in December. The mean
expectation of eleven analysts for the quarter was for earnings
of $1.48 per share.
    * Revenue fell 10.5% to $230.04 million from a year ago;
analysts
expected $245.31 million. 
    * Essent Group Ltd's reported EPS for the quarter was
$1.37​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Essent Group Ltd shares had risen by 9.1% this quarter.
    * The company reported quarterly net income of $147.37
million.
    * Wall Street's median 12-month price target for Essent
Group Ltd
is $46.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
10 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.48           1.37           Missed
 Sep. 30 2022      1.51           1.66           Beat
 Jun. 30 2022      1.51           2.16           Beat
 Mar. 31 2022      1.46           2.52           Beat