NMI Holdings Inc reports results for the quarter ended in June - Earnings Summary

NMI Holdings

01/08/2023 23:01

* NMI Holdings Inc  NMIH.OQ  reported quarterly adjusted
earnings
of 95 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
86 cents per share.
    * Revenue rose 4.2% to $125.99 million from a year ago;
analysts
expected $126.42 million. 
    * NMI Holdings Inc's reported EPS for the quarter was 95
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * NMI Holdings Inc shares had risen by 3.4% this quarter and
gained 27.8% so far this year.
    * The company reported quarterly net income of $80.28
million.
    * Wall Street's median 12-month price target for NMI
Holdings Inc
is $27.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.86           0.95           Beat
 Mar. 31 2023      0.82           0.88           Beat
 Dec. 31 2022      0.84           0.86           Beat
 Sep. 30 2022      0.81           0.90           Beat