Investing.com - NMI Holdings (NASDAQ:NMIH) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NMI Holdings announced earnings per share of $0.90 on revenue of $130.58M. Analysts polled by Investing.com anticipated EPS of $0.81 on revenue of $123.2M.
NMI Holdings shares are down 4% from the beginning of the year, still down 21.06% from its 52 week high of $27.25 set on February 16.
NMI Holdings follows other major Financial sector earnings this month
NMI Holdings's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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