Recap: NMI Holdings Q4 Earnings
Portfolio Pulse from Benzinga Insights
NMI Holdings (NASDAQ:NMIH) reported Q4 earnings with an EPS of $1.01, beating estimates by 5.21% and showing a revenue increase of $18.27 million from the previous year. This follows a pattern of exceeding EPS estimates in previous quarters, with a notable share price increase of 1.49% the day after last quarter's earnings announcement.
February 14, 2024 | 9:05 pm
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NMI Holdings reported a Q4 EPS of $1.01, surpassing estimates by 5.21%, and a significant year-over-year revenue increase. The company has a history of beating EPS estimates, which previously led to a share price increase.
NMI Holdings' consistent performance in beating EPS estimates, coupled with a significant revenue increase, suggests a positive short-term impact on its stock price. Historical data shows a positive correlation between earnings beats and subsequent share price increases, indicating a likely continuation of this trend.
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