Preview: Essent Group's Earnings
Portfolio Pulse from Benzinga Insights
Essent Group (NYSE:ESNT) is expected to report an EPS of $1.59 in its upcoming quarterly earnings on February 9, 2024. Analysts and investors are looking for an earnings beat and positive guidance for future growth. Historically, Essent Group has shown a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $53.14, with a 52-week increase of 23.72%.
February 08, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Essent Group is anticipated to report a quarterly EPS of $1.59, with a history of surpassing estimates. Shares have risen 23.72% over the past year, indicating strong investor confidence.
Given Essent Group's history of beating EPS estimates and the subsequent positive stock price reactions, there's a strong likelihood of a positive short-term impact on ESNT's stock price if the trend continues. The anticipation of positive guidance further supports this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100