HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Essent Group Ltd. (ESNT) on Friday reported fourth-quarter earnings of $167.9 million.
The Hamilton, Bermuda-based company said it had profit of $1.58 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.
The mortgage insurance and reinsurance holding company posted revenue of $315 million in the period.
For the year, the company reported profit of $729.4 million, or $6.85 per share. Revenue was reported as $1.24 billion.
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