Nov. 5 at 4:01 PM
$NMIH posts solid results, but is the growth sustainable?
Q3 EPS matched estimates at
$1.21, with a 5.2% YoY rise, driven by higher premiums and investment income. However, persistency dipped and the loss ratio deteriorated by 510 bps.
Full Q3 analysis here 👉 https://www.zacks.com/stock/news/2785757/nmi-holdings-q3-earnings-meet-estimates-revenues-premiums-rise-yy?cid=sm-stocktwits-2-2785757-body-19582&ADID=SYND_STOCKTWITS_TWEET_2_2785757_BODY_19582