Essent Group (ESNT) Tops Q1 EPS by 6c
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Essent Group Ltd. Reports First Quarter 2017 Results
May 5, 2017 6:30 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March 31, 2017 of $66.6 million or $0.72 per diluted share, compared to $48.0 million or $0.52 per diluted share for the quarter ended March 31, 2016. As of March 31, 2017, Essent had insurance in force of $88.0 billion and consolidated stockholders equity of $1.4 billion.
We had another strong quarter of operating performance and producing high quality and growing earnings for our shareholders, said Mark Casale, Chairman and Chief Executive Officer. During the quarter, we grew insurance in force 30% compared to March 31st a year ago, while... More
