NMI Holdings Q1 2024 Adj EPS $1.08 Beats $0.99 Estimate, Sales $156.253M Beat $136.753M Estimate
Portfolio Pulse from Benzinga Newsdesk
NMI Holdings (NASDAQ:NMIH) reported Q1 2024 adjusted EPS of $1.08, surpassing the $0.99 estimate, with sales of $156.253M also beating the $136.753M estimate. This represents a 22.73% increase in earnings and a 14.24% increase in sales compared to the same period last year.
April 30, 2024 | 8:43 pm
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NMI Holdings reported a strong Q1 2024 performance with adjusted EPS of $1.08 and sales of $156.253M, both exceeding analyst expectations.
NMI Holdings' Q1 2024 results significantly exceeded analyst estimates for both earnings per share and sales, indicating strong financial health and operational efficiency. This outperformance, especially the notable year-over-year growth in earnings and sales, is likely to positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100