Root, Inc. (ROOT) is slated to report first-quarter 2024 earnings on Apr 30, after market close. The company delivered an earnings surprise of 34.1% in the last reported quarter.Factors at PlayThe first-quarter performance of Root, an auto insurer with a focus on the personal line, is likely to have benefited from better pricing and underwriting technology as well as prudent cost management. Its reinsurance strategy, driving higher retention and reduction in reinsurance costs, is likely to have added to the ...

American International Group, Inc. (AIG) is set to report its first-quarter 2024 results on May 1, after the closing bell.What Do the Estimates Say?The Zacks Consensus Estimate for first-quarter earnings per share of $1.66 declined by 2 cents over the past week. The estimate is indicative of a 1.8% increase from the year-ago quarter’s reported earnings of $1.63 per share. However, the Zacks Consensus Estimate for revenues is pegged at around $12 billion, suggesting a decline of 2.7% from the year-ago quarte ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Enact Holdings, Inc. (ACT) , which belongs to the Zacks Insurance - Multi line industry, could be a great candidate to consider.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 13.75%.For the most recent quarter, ...

With a number of insurance stocks currently holding spots on the Zacks Rank #1 (Strong Buy) list, the Zacks Insurance-Multi Line Industry stands out in particular and is in the top 16% of over 250 Zacks industries.Offering a variety of insurance products and services to their clients, earnings estimate revisions are nicely up across this industry and here are a few of the top stocks to consider.Assured Guaranty (AGO) Protecting holders of debt instruments and other monetary obligations from defaults in sche ...

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) announced it will issue its first quarter earnings release after the market closes on May 1, 2024. Enact will host a conference call to review first quarter 2024 financial results on May 2, 2024 at 8:00 a.m. (ET). Enact's earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/, at the time of their release to the public. Participants int ...

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its first quarter earnings release after the market closes on May 1, 2024. Enact will host a conference call to review first quarter 2024 financial results on May 2, 2024 at 8:00 a.m. (ET). Enact’s earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/, at the time of their release to the public. Participants in ...

RALEIGH, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that it has completed an integration with PMI Rate Pro that enables lenders to order delegated mortgage insurance directly through their API platform. With this new enhancement, lenders are now able to order private mortgage insurance in addition to receiving pricing quotes directly from PMI Rate Pro via their loan o ...

Investors interested in Insurance - Multi line stocks are likely familiar with Enact Holdings, Inc. (ACT) and Radian (RDN) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision tren ...

Enact Holdings, Inc. (ACT) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimat ...

One stock that might be an intriguing choice for investors right now is Enact Holdings, Inc. (ACT) . This is because this security in the Insurance - Multi line space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the ...