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Enact Holdings Reports Strong Q4 Earnings, Beats Estimates

Enact Holdings shines with Q4 earnings. The company's latest report reveals an increase in earnings per share and revenue growth that surpasses expectations, indicating a positive outlook for investors.

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AI Rating:   7

Earnings Per Share (EPS): Enact Holdings reported earnings per share of $1.05 for the fourth quarter, up from $0.98 the previous year. This increase demonstrates strong financial performance and reflects positively on the company's profitability, meeting and slightly exceeding analyst expectations (estimated at $1.08 per share).

Revenue Growth: The company's revenue also experienced a modest growth of 1.9%, rising to $301.78 million compared to $296.19 million in the prior year. While the growth rate is not exceptionally high, the positive change in revenue is a favorable sign, showcasing the company’s ability to generate sales effectively.