Sector • Financial Industry • Property & Casualty Insurance |
Industry • Property & Casualty Insurance |
Sector • Financial |
Top and Bottom-line went down at the Essent Group Ltd amid the third quarter of 2022
ESNT delivered third quarter of 2022 operating income of $219.623 million
Published Nov 10 2022
CSIMarket Team / CSIMarket.com
The revenue decreased by -7.678 % to $261.77 million from $283.54 million in the similar quarter a year ago and sequentially revenue advanced by 7.102 % from $244.41 million.
Net earnings of $178.051 million in the third quarter of 2022 earnings season fell by -13.3 % from $205.353 million in the corresponding period a year before. Looking further into third quarter of 2022 earnings season Essent Group Ltd 's profitability, operating margin mitigated to 83.9%, and net margin shrank to 68.02%.
Operating earnings, fell -8.97% to $219.623 million, squeezing Essent Group Ltd 's operating margin to 83.9%, from 85.09% in the third quarter of 2021.
Essent Group Ltd is expected to report next financial results on May 05, 2023.
Other ESNT's news
ESNT Achieves Impressive 19.41% Surge in Double Digit Earnings per Share during Q4 2023!
Essent Group Ltd*s Resilience Shines Through Amidst Challenging Second Quarter Results
Essent Group Ltd Faces Challenges Despite Slight Improvement in ROI
Top and Bottom-line went down at the Essent Group Ltd amid the third quarter of 2022
reported a reasonable achievement, in the financial period closing Jun 30 2022
Other ESNT's news
ESNT Achieves Impressive 19.41% Surge in Double Digit Earnings per Share during Q4 2023!
Essent Group Ltd*s Resilience Shines Through Amidst Challenging Second Quarter Results
Essent Group Ltd Faces Challenges Despite Slight Improvement in ROI
Top and Bottom-line went down at the Essent Group Ltd amid the third quarter of 2022
reported a reasonable achievement, in the financial period closing Jun 30 2022