Enact Holdings (ACT) Q3 Earnings: What To Expect

Enact Holdings, a major player in the mortgage insurance sector, is set to release its earnings report on Wednesday, November 4th. After a mixed performance last quarter, investors and analysts are eager to see if the company can meet or exceed expectations. With revenue projections of around $311 million and earnings per share of $1.11, Enact may see flat growth compared to last year. Despite missing revenue targets five times in the past two years, analysts remain cautiously optimistic, expecting steady results. The property and casualty insurance sector has been volatile, with Enact's stock holding steady at $36 per share, while the sector as a whole has slid by nearly 5%. As the market awaits Enact's report, investors will be watching for any surprises that could impact the mortgage insurance landscape for the remainder of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.