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Enact Holdings, Inc. (ACT) Q4 2023 Earnings Conference Call Transcript

Enact Holdings, Inc. (ACT) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.90 per share a year ago.

Enact Holdings, Inc. (ACT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RALEIGH, N.C., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its fourth quarter earnings release after the market closes on February 6, 2024. Enact will host a conference call to review fourth quarter 2023 financial results on February 7, 2024 at 8:00 a.m. (ET).

In the stock market, certain hidden treasures often escape the spotlight and are overshadowed by industry giants. These companies harbor immense potential to become stocks to double your money.

The stock market has been on a tear in the past month, with the S&P500 up over 9%. Considering the market's annual average return to be around 10%, this is quite tremendous growth.

Here is how Enact Holdings, Inc. (ACT) and Invitation Home (INVH) have performed compared to their sector so far this year.

LYV, USAP, AXTA, ACT and ALG have been added to the Zacks Rank #1 (Strong Buy) List on November 9, 2023.

Enact Holdings, Inc. (NASDAQ:ACT ) Q3 2023 Earnings Conference Call November 2, 2023 8:00 AM ET Company Participants Daniel Kohl - VP, IR Rohit Gupta - President and CEO Dean Mitchell - EVP and CFO Conference Call Participants Bose George - KBW Mihir Bhatia - Bank of America Merrill Lynch Richard Shane - JPMorgan Eric Hagen - BTIG Geoffrey Dunn - Dowling Partners Operator Good day, and thank you for standing by. Welcome to the Q3 2023 Enact Earnings Conference Call.

Enact Holdings, Inc. (ACT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).