Essent Group (ESNT) Tops Q1 EPS by 5c

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Go back to Essent Group (ESNT) Tops Q1 EPS by 5c

Essent Group Ltd. Reports First Quarter 2019 Results

May 3, 2019 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March31, 2019 of $127.7 million or $1.30 per diluted share, compared to $111.1 million or $1.13 per diluted share for the quarter ended March31, 2018. As of March31, 2019, Essent had insurance in force of $143.2 billion and consolidated stockholders' equity of $2.5 billion.

We were pleased with our strong financial results for the first quarter as our operating environment remains favorable and credit continues to perform well, said Mark Casale, Chairman and Chief Executive Officer. Also, we continue to make solid progress in strengthening our... More