Investing.com - Enact Holdings reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Enact Holdings announced earnings per share of $1.17 on revenue of $275M. Analysts polled by Investing.com anticipated EPS of $0.86 on revenue of $238.5M.
Enact Holdings shares are down 58% from the beginning of the year , still down 9.83% from its 52 week high of $27.68 set on Wednesday, August 17, 2022.
Enact Holdings follows other major Financial sector earnings this month
Enact Holdings's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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