01.05.2024 22:49:21 - dpa-AFX: Radian Group Inc Q1 Profit Beats Estimates

WASHINGTON (dpa-AFX) - Radian Group Inc (RDN) revealed earnings for first
quarter that beat the Street estimates.

The company's earnings totaled $152.35 million, or $0.98 per share. This
compares with $157.76 million, or $0.98 per share, in last year's first quarter.

Excluding items, Radian Group Inc reported adjusted earnings of $203 million or
$1.03 per share for the period.

Analysts on average had expected the company to earn $0.84 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.1% to $319.42 million from $309.85
million last year.

Radian Group Inc earnings at a glance (GAAP) :

-Earnings (Q1): $152.35 Mln. vs. $157.76 Mln. last year.
-EPS (Q1): $0.98 vs. $0.98 last year.
-Revenue (Q1): $319.42 Mln vs. $309.85 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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