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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