HAMILTON, Bermuda (AP) _ Essent Group Ltd. (ESNT) on Friday reported third-quarter net income of $116 million.
The Hamilton, Bermuda-based company said it had net income of $1.18 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.
The mortgage insurance and reinsurance holding company posted revenue of $185 million in the period.
Essent Group shares have declined almost 5 percent since the beginning of the year. The stock has fallen 1 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESNT at https://www.zacks.com/ap/ESNT