Shares of Essent Group ESNT were unchanged in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 89.21% year over year to $0.15, which may not compare to the estimate of $0.50.
Revenue of $236,077,000 up by 11.41% year over year, which beat the estimate of $225,610,000.
Guidance
Essent Gr hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Aug 07, 2020
Time: 10:00 AM
Recent Stock Performance
Company's 52-week high was at $55.84
52-week low: $17.52
Price action over last quarter: Up 26.10%
Company Description
Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.