What insights does NMIH's 2024 EPS trend reveal?
4/5/2025 07:37pm
NMI Holdings (NMIH) reported an EPS of $4.43 for the year ended December 31, 2024. This indicates a strong financial performance for the company.
1. **Q1 2024 Earnings Strength**: NMIH's EPS of $1.08 for the first quarter of 2024 exceeded analyst estimates, reflecting robust profitability for the period.
2. **Q2 2024 EPS Estimates Increase**: Zacks Research raised its EPS estimates for NMIH from $0.99 to $1.02 for the second quarter of 2024. This upward revision suggests growing optimism among analysts regarding NMIH's performance for the period.
3. **Consistent Performance Across Quarters**: NMIH has shown consistent earnings strength across quarters, with revenue and EPS exceeding estimates in multiple periods. This consistent performance underscores the company's stable financial trajectory.
In summary, NMIH's 2024 EPS trend demonstrates a company that has outperformed expectations, with strong and consistent earnings generation throughout the year.