Enact (ACT) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Speaker0 Hello, and welcome to Anax First Quarter Earnings Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker, Daniel Cole, Vice President of Investor Relations. You may begin. Speaker1 Thank you, and good morning. Welcome to our first quarter earnings call. Joining me today are Rohit Gupta, President and Chief Executive Officer and Dean Mitchell, Chief Financial Offi ...

Enact Holdings, Inc. (ACT) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.79%. A quarter ago, it was expected that this company would post earnings of $1.11 per share when it actually produced earnings of $1.09, delivering a surprise of -1.80%.Over the last four quarters, the comp ...

First Quarter 2025 Financial Results April 30, 2025 Cautionary Note Regarding Forward-Looking Statements This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, our expected financial and operational results, the related assumptions underlying our expected results and the quotations of management. These forward-looking statements are distinguished by use of words such as "wi ...

Exhibit 99.1 ENACT REPORTS FIRST QUARTER 2025 RESULTS _______________________________________ GAAP Net Income of $166 million, or $1.08 per diluted share Adjusted Operating Income of $169 million, or $1.10 per diluted share Return on Equity of 13.1% and Adjusted Operating Return on Equity of 13.4% Primary Insurance in-force of $268 billion, a 2% increase from first quarter 2024 PMIERs Sufficiency of 165% or approximately $2.0 billion Book Value Per Share of $33.96 and Book Value Per Share excluding AOCI of ...

GAAP Net Income of $166 million, or $1.08 per diluted share Adjusted Operating Income of $169 million, or $1.10 per diluted share Return on Equity of 13.1% and Adjusted Operating Return on Equity of 13.4% Primary Insurance in-force of $268 billion, a 2% increase from first quarter 2024 PMIERs Sufficiency of 165% or approximately $2.0 billion Book Value Per Share of $33.96 and Book Value Per Share excluding AOCI of $34.97 RALEIGH, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: AC ...

Core Points - Enact Holdings, Inc. declared a quarterly dividend of $0.21 per common share, marking a 14% increase from the previous quarter [1] - The company authorized a new share repurchase program allowing for the purchase of up to $350 million of its common stock, in addition to the remaining $6 million from the existing $250 million program [2][3] - The CEO emphasized the commitment to shareholder value through the increased dividend and share repurchase program, highlighting a consistent annual dividend increase since inception [3] Dividend and Share Repurchase - The new quarterly dividend will be payable on June 11, 2025, to shareholders of record on May 19, 2025 [1] - The share repurchase program will utilize various methods, including open market purchases and privately negotiated transactions, and may be executed under specific trading plans [3] - The timing and amount of share repurchases will be opportunistic, influenced by factors such as share price and market conditions [4] Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and is a leading private mortgage insurance provider in the U.S. [5] - The company aims to support homeownership by partnering with lenders to provide exceptional service and risk management [5]

Wall Street expects a year-over-year increase in earnings on higher revenues when Enact Holdings, Inc. (ACT) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 30, 2025, might help the stock move higher if these key numbers are better th ...

RALEIGH, N.C., April 10, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) announced it will issue its first quarter earnings release after the market closes on April 30, 2025. Enact will host a conference call to review first quarter 2025 financial results on May 1, 2025 at 8:00 a.m. (ET). Enact's earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/, at the time of their release to the public. Participants ...

Core Points - Enact Holdings Inc. will replace SolarWinds Corp. in the S&P SmallCap 600 effective April 16, 2025 [1] - The acquisition of SolarWinds by Turn/River Capital is expected to close soon, pending final conditions [1] Summary by Category Index Changes - Enact Holdings will be added to the S&P SmallCap 600 under the Financials sector [1] - SolarWinds will be deleted from the S&P SmallCap 600 under the Information Technology sector [1] Company Actions - The effective date for these changes is prior to the opening of trading on April 16, 2025 [1] - The acquisition deal for SolarWinds is in progress and awaiting final closing conditions [1]

LEBANON, Tenn., April 08, 2025 (GLOBE NEWSWIRE) -- Tritium, a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced that it will unveil a revolutionary next-generation DC fast charging architecture at this year's ACT Expo conference in Anaheim, Calif. on April 28, 2025. This groundbreaking architecture significantly enhances Tritium's current shared power model, creating a more efficient and powerful pool of shared power that will redefine industry standards. "We're ...