Essent Group (ESNT) Tops Q1 EPS by 3c
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Essent Group Ltd. Reports First Quarter 2015 Results
May 8, 2015 7:00 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March 31, 2015 of $34.8 million or $0.38 per diluted share, compared to $15.0 million or $0.18 per diluted share for the quarter ended March 31, 2014. As of March 31, 2015, Essent had primary insurance in force of $53.3 billion and consolidated stockholders equity of $996.0 million.
Our strong results reflect our continued execution on building a high credit quality and profitable mortgage insurance portfolio, said Mark Casale, Chairman and Chief Executive Officer. Our outlook for the private mortgage insurance sector remains positive. Essent continues to be... More
