Enact Holdings, Inc. (ACT) Beats Q4 Earnings Estimates

分组1 - Enact Holdings, Inc. reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of$0.90 per share, and showing an increase from $0.90 per share a year ago, representing an earnings surprise of 8.89$296.19 million for the quarter ended December 2023, which was below the Zacks Consensus Estimate by 2.43%, but an increase from $276.84 million in the same quarter last year [1] - Over the last four quarters, Enact Holdings has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [1] 分组2 - The stock has underperformed the market, losing about 4% since the beginning of the year compared to the S&P 500's gain of 3.6% [2] - The current consensus EPS estimate for the upcoming quarter is $0.90 on revenues of$306.09 million, and for the current fiscal year, it is $3.65 on revenues of$1.26 billion [4] - The Zacks Industry Rank for Insurance - Multi line is in the top 42% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5]