Recap: Essent Group Q1 Earnings

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Essent Group ESNT reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Essent Group beat estimated earnings by 9.66%, reporting an EPS of $1.59 versus an estimate of $1.45.

Revenue was down $8.37 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 0.24% drop in the share price the next day.

Here's a look at Essent Group's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.48 1.50 1.51 1.46
EPS Actual 1.37 1.66 2.16 1.59
Revenue Estimate 245.31M 246.08M 242.67M 240.04M
Revenue Actual 230.04M 261.77M 244.41M 264.61M

To track all earnings releases for Essent Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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