Group 1 - Enact Holdings, Inc. reported quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.12 per share, but showing an increase from $1.04 per share a year ago, resulting in an earnings surprise of -1.79% [1] - The company posted revenues of $310.02 million for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 0.49%, and an increase from $298.26 million year-over-year [2] - Over the last four quarters, Enact Holdings has surpassed consensus EPS estimates two times and topped revenue estimates just once [2] Group 2 - Enact Holdings shares have increased approximately 9.6% since the beginning of the year, contrasting with the S&P 500's decline of -5.5% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the upcoming quarter is $1.06 on revenues of $312.59 million, and for the current fiscal year, it is $4.41 on revenues of $1.26 billion [7] Group 3 - The Zacks Industry Rank indicates that the Insurance - Multi line sector is currently in the top 17% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8] - Another company in the same industry, MBIA, is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year change of +86.5%, with revenues projected to be $21 million, down 34.4% from the previous year [9]
Enact Holdings, Inc. (ACT) Lags Q1 Earnings and Revenue Estimates