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ESNT
Benzinga
186 days

Essent Group Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. ESNT's Q4 earnings expected at $1.65 per share, slight increase from last year. 2. Projected revenue of $313.88 million indicates strong growth compared to prior year's $297.28 million. 3. Analysts mostly maintain ratings despite some price target cuts reflecting recent performance issues. 4. Shares closed up 1.4% at $57.91, indicating some market optimism ahead of earnings. 5. Analyst accuracy rates vary, with BTIG's rating showing the highest confidence at 83%.

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FAQ

Why Bullish?

Increasing earnings and revenue projections may positively influence investor sentiment. However, the price target reductions from analysts suggest cautious outlooks.

How important is it?

Strong earnings expectations are crucial for ESNT's valuation, but mixed analyst sentiment limits impact. Recent analyst ratings highlight necessary caution.

Why Short Term?

Immediate impact expected from Q4 earnings report. Past instances show stock volatility around earnings.

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