LONDON, Ontario, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. ("Aduro" or the "Company") (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced the pricing of its underwritten U.S. public offering of 941,177 common shares at a public offering price of US$4.25 per common share for aggregate gross proceeds of ...

Enact Holdings, Inc. (ACT) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.85%. A quarter ago, it was expected that this company would post earnings of $1.03 per share when it actually produced earnings of $1.27, delivering a surprise of 23.30%. Over the last four quarters, the co ...

Exhibit 99.1 ENACT REPORTS THIRD QUARTER 2024 RESULTS AND ANNOUNCES QUARTERLY DIVIDEND _______________________________________ GAAP Net Income of $181 million, or $1.15 per diluted share Adjusted Operating Income of $182 million, or $1.16 per diluted share Return on Equity of 14.7% and Adjusted Operating Return on Equity of 14.8% Record Primary insurance in-force of $268 billion, a 2% increase from third quarter 2023 PMIERs Sufficiency of 173% or $2,190 million Book Value Per Share of $32.61 and Book Value ...

GAAP Net Income of $181 million, or $1.15 per diluted shareAdjusted Operating Income of $182 million, or $1.16 per diluted shareReturn on Equity of 14.7% and Adjusted Operating Return on Equity of 14.8%Record Primary insurance in-force of $268 billion, a 2% increase from third quarter 2023PMIERs Sufficiency of 173% or $2,190 millionBook Value Per Share of $32.61 and Book Value Per Share excluding AOCI of $33.27Announces quarterly cash dividend of $0.185 per common share RALEIGH, N.C., Nov. 06, 2024 (GLOBE N ...

Core Viewpoint - Enact Holdings, Inc. is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2024, with the actual results being crucial for its near-term stock price movement [1][2]. Financial Expectations - The upcoming earnings report is scheduled for November 6, 2024, with a consensus estimate of $1.01 per share, reflecting a -1% change year-over-year. Revenues are projected to be $309.26 million, which is a 3.4% increase from the previous year [3][2]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 0.93% higher, indicating a collective reassessment by analysts [4]. The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +10.89%, suggesting a bullish outlook on the company's earnings prospects [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. Enact Holdings currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [10]. Historical Performance - Enact Holdings has a history of exceeding consensus EPS estimates, having beaten expectations in the last four quarters, including a +23.30% surprise in the most recent quarter [11][12]. Industry Context - In the broader context of the Zacks Insurance - Multi line industry, EverQuote is expected to report earnings of $0.19 per share for the same quarter, indicating a significant year-over-year increase of +147.5% [16]. However, EverQuote has a negative Earnings ESP of -48.28%, which complicates predictions despite its strong Zacks Rank of 1 [17].

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Enact Holdings, Inc. (ACT) . This company, which is in the Zacks Insurance - Multi line industry, shows potential for another earnings beat.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 14.18%, on average, in the last two qu ...

RALEIGH, N.C., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its third quarter earnings release after the market closes on November 6, 2024. Enact will host a conference call to review third quarter 2024 financial results on November 7, 2024 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. Partic ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Enact Holdings, Inc. (ACT) one of those stocks right now? Let's take a closer look at the stock's yearto-date performance to find out. Enact Holdings, Inc. is one of 859 companies in the Finance group. The Finance group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the in ...

Core Viewpoint - The expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act is a significant step towards the completion of the all-stock combination of Primo Water Corporation and BlueTriton Brands, Inc., expected to close by the end of 2024, pending other customary closing conditions [1]. Company Overview - Primo Water Corporation is a leading North America-focused provider of water solutions, operating primarily under a recurring revenue model in the large format water category, which includes products of 3 gallons or greater [3]. - The company's business strategy is likened to a "razor-razorblade" model, where the initial sale of water dispensers leads to ongoing purchases of water solutions [3]. - Primo Water's offerings include Water Direct, Water Exchange, and Water Refill, with a significant retail presence across approximately 11,350 locations for dispensers and 17,950 locations for water exchange services [3][4]. BlueTriton Overview - BlueTriton Brands, Inc. is a North American water and beverage company that produces and distributes a variety of spring and purified water brands, including Poland Spring and Deer Park [5]. - The company operates ReadyRefresh, a home and office beverage delivery platform that emphasizes reusable packaging, contributing to sustainability efforts [6]. - BlueTriton manages over 20,000 acres of watershed and has rights to collect water from more than 50 active spring sites, with 30 production facilities across North America [7]. Strategic Importance of the Transaction - The combination of Primo Water and BlueTriton is expected to enhance consumer access to purified and sustainable water solutions, promoting healthier lifestyles while reducing plastic waste [4]. - The transaction is anticipated to create synergies and improve operational efficiencies, although specific details on these benefits are not disclosed [1].

RALEIGH, N.C., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today addressed the updated Private Mortgage Insurer Eligibility Requirements (PMIERs) released by Fannie Mae and Freddie Mac (the GSEs), and the Federal Housing Finance Administration (FHFA) on August 21, 2024 which will be phased-in between March 31, 2025 and September 30, 2026. “The changes to the PMIERs requirements, which were ...