Earnings Outlook For Enact Holdings
Portfolio Pulse from Benzinga Insights
Enact Holdings (NASDAQ:ACT) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $0.82. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $27.33 and has seen an 11.74% increase over the last 52-week period.
July 31, 2023 | 7:07 pm
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Enact Holdings is expected to report an EPS of $0.82 in its upcoming earnings release. Despite beating EPS estimates in the past, the company's share price has often dropped following the announcement.
Enact Holdings has a history of beating EPS estimates but experiencing a drop in share price following the announcement. This pattern, if repeated, could lead to a short-term decrease in the stock price.
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