NMI Holdings Inc expected to post earnings of 99 cents a share - Earnings Preview

NMI Holdings

26/04/2024 21:33

* NMI Holdings Inc  NMIH.OQ   NMIH.O  is expected to show a
rise
in quarterly revenue when it reports  results on April 30 for
the period ending March 31 2024
    * The Emeryville California-based  company is expected to
report a
12.3% increase in revenue to $136.753 million from $121.75
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales/Revenue is based on Net
Premiums Earned)
    * ​LSEG's mean analyst estimate for NMI Holdings Inc is for
earnings of 99 cents 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 NMI
Holdings Inc
is $36.00​, above​ its last closing price of $30.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.96        0.96       1.01      Beat    5.5
 Sep. 30 2023  0.93        0.92       1.00      Beat    8.8
 Jun. 30 2023  0.87        0.86       0.95      Beat    10.2​
 Mar. 31 2023  0.83        0.82       0.88      Beat    7.1
 ​​Dec.        0.84        0.84       0.86      Beat    2.4
 31 2022                                                
 Sep. 30 2022  0.81        0.81       0.90      Beat    11.6​
 Jun. 30 2022  0.77        0.76       0.86      Beat    12.8
 Mar. 31 2022  0.74        0.74       0.77      Beat    4.3
 This summary was machine generated April 26 at 20:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)