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.