07.02.2024 22:37:26 - dpa-AFX: Radian Group Inc Q4 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Radian Group Inc (RDN) released a profit for fourth
quarter that decreased from the same period last year but beat the Street
estimates.

The company's bottom line came in at $142.69 million, or $0.91 per share. This
compares with $162.33 million, or $1.01 per share, in last year's fourth
quarter.

Excluding items, Radian Group Inc reported adjusted earnings of $0.96 per share
for the period.

Analysts on average had expected the company to earn $0.86 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 4.4% to $328.64 million from $314.72
million last year.

Radian Group Inc earnings at a glance (GAAP) :

-Earnings (Q4): $142.69 Mln. vs. $162.33 Mln. last year.
-EPS (Q4): $0.91 vs. $1.01 last year.
-Analyst Estimates: $0.86
-Revenue (Q4): $328.64 Mln vs. $314.72 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
RADIAN GRP INC. DL-,001 885069 Frankfurt 27,800 14.06.24 15:29:01 -0,200 -0,71% 0,000 0,000 28,000 28,000

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