Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
Results: NMI Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Investors in NMI Holdings, Inc. (NASDAQ:NMIH) had a good week, as its shares rose 5.4% to close at US$32.47 following the release of its quarterly results. The result was positive overall - although revenues of US$156m were in line with what the analysts predicted, NMI Holdings surprised by delivering a statutory profit of US$1.08 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Check out our latest analysis for NMI Holdings
