Now that third-quarter earnings season is over for the mortgage insurance, one analyst refreshed his coverage for the group on Wednesday, including issuing two downgrades.
The Analyst: Bank of America analyst Mihir Bhatia issued the following changes to his mortgage insurance coverage:
Essent Gr (NYSE:ESNT) reported quarterly earnings of $1.84 per share which beat the analyst consensus estimate of $1.35 by 36.3 percent. This is a 65.77 percent increase over earnings of $1.11 per share from the same
Shares of Essent Gr (NYSE:ESNT) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share rose 846.67% year over year to $1.42, which beat the estimate of $1.26.
Essent Gr (NYSE:ESNT) reported quarterly earnings of $1.42 per share which beat the analyst consensus estimate of $1.26 by 12.7 percent. This is a 846.67 percent increase over earnings of $0.15 per share from the same
Companies Reporting Before The Bell
• Liberty Braves Group (NASDAQ:BATRA) is projected to report quarterly loss at $0.03 per share on revenue of $154.00 million.
Essent Gr (NYSE:ESNT) unveils its next round of earnings this Friday, August 06. Get prepared with Benzinga's ultimate preview for Essent Gr's Q2 earnings.