Essent Group (ESNT) Tops Q4 EPS by 5c

Essent Group (NYSE: ESNT) reported Q4 EPS of $1.49, $0.05 better than the analyst estimate of $1.44.

“We are pleased with our strong financial results for both the fourth quarter and full year 2019 as the operating environment remains favorable and credit continues to perform well,” said Mark Casale, Chairman and Chief Executive Officer. “Also, during the quarter we were pleased with Moody’s upgrade of our financial strength rating to A3. We believe that this upgrade is a validation of our progress in making Essent a stronger and more sustainable franchise through the programmatic use of reinsurance.”

For earnings history and earnings-related data on Essent Group (ESNT) click here.

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