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

Essent

04/11/2022 13:35

* Essent Group Ltd  ESNT.N  reported quarterly adjusted
earnings
of 1 cent​​ per share for the quarter ended in September. The
mean expectation of eleven analysts for the quarter was
for earnings of $1.51 per share.
    * Revenue fell 7.7% to $261.77 million from a year ago;
analysts
expected $245.90 million. 
    * Essent Group Ltd's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Essent Group Ltd shares had risen by 9.7% this quarter and
lost 16.0% so far this year.
    * The company reported quarterly net income of $178.05
million.
    * Wall Street's median 12-month price target for Essent
Group Ltd
is $53.00 
    * 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." 

This summary was machine generated from Refinitiv data November
4 at 01:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.51           0.01           Missed
 Jun. 30 2022      1.51           2.16           Beat
 Mar. 31 2022      1.46           2.52           Beat
 Dec. 31 2021      1.40           1.64           Beat