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Essent Group: Q1 Earnings Snapshot

Essent Group: Q1 Earnings Snapshot

By AP News
Published - May 05, 2023, 06:45 AM ET
Last Updated - Jun 21, 2023, 10:27 PM EDT

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Essent Group Ltd. (ESNT) on Friday reported first-quarter earnings of $170.8 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $1.59.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The mortgage insurance and reinsurance holding company posted revenue of $256.2 million in the period.

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