HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Essent Group Ltd. (ESNT) on Friday reported fourth-quarter earnings of $155 million.
The Hamilton, Bermuda-based company said it had profit of $1.60 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.
The mortgage insurance and reinsurance holding company posted revenue of $312.4 million in the period.
For the year, the company reported profit of $690 million, or $6.90 per share. Revenue was reported as $1.26 billion.
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