Insuring Growth: Essent Group's Q2 Earnings Paint A Bright Picture
ESNTEssent .(ESNT) Seeking Alpha·2024-08-29 23:28
guvendemir Thesis Essent Group Ltd. (NYSE:ESNT) recently dropped its Q2 2024 results, and they look solid: they reported GAAP earnings per share (EPS) of $1.91, which beat estimates by $0.22, and revenue came in at $312.94 million, exceeding projections by $4.61 million. In my analysis, I argue that despite headwinds, Essent Group’s smart risk management and strong dividend policy make them a solid play in the mortgage insurance space. About Essent Group Ltd. is a Bermuda-based holding company in housin ...