Essent Group Q2 2024 GAAP EPS $1.91 Beats $1.69 Estimate, Sales $312.942M Beat $308.336M Estimate
Portfolio Pulse from Benzinga Newsdesk
Essent Group (NYSE:ESNT) reported Q2 2024 earnings per share (EPS) of $1.91, surpassing the analyst estimate of $1.69 by 13.02%. The company's sales were $312.942 million, beating the estimate of $308.336 million by 1.49%. Both EPS and sales showed significant year-over-year growth.
August 02, 2024 | 10:34 am
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POSITIVE IMPACT
Essent Group (NYSE:ESNT) reported strong Q2 2024 earnings and sales, both beating analyst estimates and showing significant year-over-year growth. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
The company's EPS of $1.91 beat the analyst estimate by 13.02%, and sales of $312.942 million surpassed the estimate by 1.49%. Both metrics also showed significant year-over-year growth, indicating strong financial performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100