Essent Group (ESNT) Misses Q2 EPS by 32c, Revenue Beats

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

August 7, 2020 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended June 30, 2020 of $15.4 million or $0.15 per diluted share, compared to $136.4 million or $1.39 per diluted share for the quarter ended June 30, 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 September 10, 2020, to shareholders of record on August 31, 2020.

"Our financial results for the second quarter reflect the initial impact of the COVID-19 pandemic on our insured portfolio, said Mark Casale, Chairman and... More