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Essent Group (ESNT) Misses Q4 Earnings and Revenue Estimates
ESNTEssent .(ESNT) ZACKS·2025-02-14 13:41

Group 1 - Essent Group reported quarterly earnings of 1.58pershare,missingtheZacksConsensusEstimateof1.58 per share, missing the Zacks Consensus Estimate of 1.67 per share, and compared to earnings of 1.64pershareayearago,representinganearningssurpriseof−5.391.64 per share a year ago, representing an earnings surprise of -5.39% [1] - The company posted revenues of 315.03 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.24%, and compared to year-ago revenues of 297.28million[2]−Overthelastfourquarters,EssentGrouphassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesthreetimes[2]Group2−Thestock′simmediatepricemovementwilldependonmanagement′scommentaryontheearningscallandthesustainabilityofearningsexpectations[3][4]−EssentGroupshareshaveincreasedapproximately6.4297.28 million [2] - Over the last four quarters, Essent Group has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2 - The stock's immediate price movement will depend on management's commentary on the earnings call and the sustainability of earnings expectations [3][4] - Essent Group shares have increased approximately 6.4% since the beginning of the year, outperforming the S&P 500's gain of 4% [3] - The current consensus EPS estimate for the coming quarter is 1.74 on revenues of 318.39million,andforthecurrentfiscalyear,itis318.39 million, and for the current fiscal year, it is 6.96 on revenues of 1.29 billion [7] Group 3 - The estimate revisions trend for Essent Group is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The outlook for the Financial - Mortgage & Related Services industry is in the bottom 44% of Zacks industries, which may materially impact the stock's performance [8] - Tree.com, another stock in the same industry, is expected to report quarterly earnings of 0.68 per share, representing a year-over-year change of +142.9%, with revenues expected to be $235.77 million, up 75.4% from the year-ago quarter [9]