NMI Holdings (NMIH) Q2 Earnings and Revenues Beat Estimates

NMI Holdings (NMIH) reported second-quarter 2024 operating net income per share of $1.20, which beat the Zacks Consensus Estimate by 15.4%. The bottom line increased 26.3% year over year. The quarterly results reflected higher premiums and net investment income, and increased persistency, which drove growth in the company's high-quality insured portfolio. Operational Update NMI Holdings' total operating revenues of $162 million increased 13.3% year over year on higher net premiums earned (up 12%) and net in ...