Essent Group (ESNT) Tops Q1 EPS by 7c, Revenues Miss

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Go back to Essent Group (ESNT) Tops Q1 EPS by 7c, Revenues Miss

Essent Group Ltd. Reports First Quarter 2020 Results & Declares Quarterly Dividend

May 8, 2020 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March 31, 2020 of $149.5 million or $1.52 per diluted share, compared to $127.7 million or $1.30 per diluted share for the quarter ended March 31, 2019.

Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on June 12, 2020, to shareholders of record on June 2, 2020.

While we are pleased with our strong financial results for the first quarter, our focus is now on facing a challenging business environment as... More