Reports Q4 revenue $296.19M, consensus $297.41M. “Our fourth quarter performance completed a very strong year for Enact,” said Rohit Gupta, president and CEO of Enact. “We ended 2023 with record insurance in-force as we continued to grow our core business, extend our platform, strengthen our balance sheet, and drive expense discipline. Further, we delivered on our commitment to return $300 million to shareholders in 2023. Looking ahead, we enter 2024 well positioned to continue to deliver responsible insurance in-force growth, invest in our platform, support our policyholders, and continue generating value for our shareholders.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ACT:
- Enact Reports Fourth Quarter and Full Year 2023 Results
- Is ACT a Buy, Before Earnings?
- Enact Completes Forward XOL Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
- Enact Holdings receives ratings upgrade from S&P Global Ratings
- Enact to Host Fourth Quarter 2023 Earnings Call February 7th
