Workflow
Essent Group (ESNT) Q4 Earnings, Revenues Beat, Dividend Raised
ESNTEssent .(ESNT) Zacks Investment Research·2024-02-12 16:35

Essent Group Ltd. (ESNT) reported fourth-quarter 2023 operating net income per share of 1.64,whichbeattheZacksConsensusEstimateby3.11.64, which beat the Zacks Consensus Estimate by 3.1%. The bottom line increased 19.7% year over year.The quarter witnessed improved revenues attributable to higher net premiums earned. Losses and expenses increased, attributable to provision for losses and loss adjustment expense (LAE). There was an increase in the percentage of loans in default during the reported quarter.Operational Update   Total revenues of 297.3 ...