The highly anticipated financial results for the third quarter of NMI Holdings (NASDAQ: NMIH) are scheduled to be disclosed on Wednesday 6th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $1.14 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $146.61 million revenue during the quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $579.4 million. Additionally, they expect the company to reach profit of $4.55 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1. This notable figure was achieved due to the company's impressive total revenue of $148.16 million recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.20 | +26.3% | 162.12 M | +13.6% |
| Q1 2024 | $1.08 | +22.7% | 156.25 M | +14.2% |
| Q4 2023 | $1.01 | +17.4% | 151.38 M | +13.7% |
| Q3 2023 | $1.00 | +11.1% | 148.16 M | +13.5% |
| Q2 2023 | $0.95 | +10.5% | 142.69 M | +7.9% |
| *Growth on year-over-year basis | ||||
NMIH will host a conference call with investment community on 6th November 2024 at 05:00 PM eastern time to discuss the financial results.
Throughout Friday's trading, NMI Holdings (NMIH) shares fluctuated between $36.50 and $38.58, with a trading volume of 689.20 thousand shares. The stock ended the regular trading session at $36.79, showing decline of 4.89 percent.
