NYSE$ESNT
Essent Group · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Essent's financial performance was impacted by the COVID-19 pandemic on its insured portfolio.
Essent Group Ltd. reported a net income of $15.4 million, or $0.15 per diluted share, for the quarter ended June 30, 2020. The results reflect the initial impact of the COVID-19 pandemic on the insured portfolio.
- Insurance in force as of June 30, 2020 was $174.6 billion.
- New insurance written for the second quarter was $28.2 billion.
- Net premiums earned for the second quarter were $211.5 million.
- The expense ratio for the second quarter was 18.4%.
Headline financials
Revenue & EPS history
Essent · Revenue · Quarterly
$236M
Forward guidance
The company did not provide specific forward guidance but expressed caution regarding the timing and shape of an economic recovery.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.9%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.3%
Avg return
30 days after
65%
32 / 49 earnings
Positive
+7.2%
Q2 2014
Best reaction
-9.8%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | -2.7% | -6.8% | |
| Q4 2025 | -6.4% | -6.7% | -11.5% | |
| Q3 2025 | +0.6% | +1.2% | +1.8% | |
| Q1 2025 | -0.4% | -0.4% | -1.5% | |
| Q4 2024 | -2.6% | +0.3% | -4.3% | |
| Q3 2024 | -9.8% | -6.0% | -3.7% | |
| Q2 2024 | -4.4% | -4.2% | +5.0% | |
| Q1 2024 | +2.7% | +3.2% | +4.5% | |
| Q4 2023 | +0.3% | -1.3% | +2.0% | |
| Q3 2023 | +2.7% | +1.8% | +2.6% | |
| Q2 2023 | +4.1% | +3.0% | -0.7% | |
| Q1 2023 | +5.0% | +6.3% | +12.6% | |
| Q4 2022 | +2.5% | +3.1% | -6.1% | |
| Q3 2022 | +0.9% | -2.4% | +3.5% | |
| Q2 2022 | +0.2% | +0.4% | -8.8% | |
| Q1 2022 | -0.7% | -2.3% | +2.1% | |
| Q4 2021 | -0.5% | +2.3% | -10.5% | |
| Q3 2021 | +1.6% | -0.2% | -9.8% | |
| Q2 2021 | +2.4% | +3.6% | +1.3% | |
| Q1 2021 | -2.5% | -6.8% | -4.1% | |
| Q4 2020 | -0.2% | -0.3% | +0.3% | |
| Q3 2020 | +5.2% | +3.1% | +9.4% | |
| Q2 2020 | +4.0% | +3.7% | +3.7% | |
| Q1 2020 | -1.2% | -11.5% | +30.4% | |
| Q4 2019 | -5.1% | -9.0% | -27.6% | |
| Q3 2019 | +1.3% | +2.8% | +2.4% | |
| Q2 2019 | -1.2% | +1.3% | +6.9% | |
| Q1 2019 | +1.7% | -2.4% | -2.0% | |
| Q4 2018 | +0.8% | +4.7% | +3.8% | |
| Q3 2018 | -3.0% | -3.5% | -13.3% | |
| Q2 2018 | +5.3% | +7.3% | +13.4% | |
| Q1 2018 | +5.5% | +4.1% | +2.6% | |
| Q4 2017 | +3.1% | +9.4% | +9.8% | |
| Q3 2017 | -0.5% | +1.3% | +11.4% | |
| Q2 2017 | +5.9% | +1.7% | +1.6% | |
| Q1 2017 | -5.4% | -0.2% | -0.5% | |
| Q4 2016 | +1.7% | +0.4% | -3.1% | |
| Q3 2016 | +4.8% | +8.5% | +20.9% | |
| Q2 2016 | +6.9% | +10.5% | +11.8% | |
| Q1 2016 | +4.8% | — | — | |
| Q4 2015 | +1.4% | — | — | |
| Q3 2015 | +2.4% | — | — | |
| Q2 2015 | -5.7% | — | — | |
| Q1 2015 | +3.0% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +0.2% | — | — | |
| Q2 2014 | +7.2% | — | — | |
| Q1 2014 | +3.8% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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