MGIC Investment (MTG) Lifts Insurers Following Strong Q3 Performance (RDN) (MBI)
Tweet
Share
E-mailGet Alerts MTG Hot Sheet
Price: $19.58 -0.81%
EPS Growth %: +11.1%
Financial Fact:
Net (loss) income: 56.62M
Today's EPS Names:
MFON, SICP, LBAS, More
EPS Growth %: +11.1%
Financial Fact:
Net (loss) income: 56.62M
Today's EPS Names:
MFON, SICP, LBAS, More
Join SI Premium – FREE
Private mortgage insurer MGIC Investment Corporation (NYSE: MTG) is ripping following Q3 results issued earlier, boosting the segment higher today.
MGIC reported Q3 profit of 4 cents per share while consensus views were expecting a loss of 13 cents per share in the quarter. The company said,
Higher on the session today includes: Radian Group (NYSE: RDN), Assured Guaranty (NYSE: AGO), Old Republic (NYSE: ORI), and MBIA (NYSE: MBI). MGIC itself is up about 16 percent.
MGIC reported Q3 profit of 4 cents per share while consensus views were expecting a loss of 13 cents per share in the quarter. The company said,
as of September 30, 2013, MGIC's primary insurance in force was $159.2 billion, compared with $162.1 billion at December 31, 2012, and $164.9 billion at September 30, 2012.New insurance written moved from $7.0 billion up to $8.6 billion in the quarter.
Higher on the session today includes: Radian Group (NYSE: RDN), Assured Guaranty (NYSE: AGO), Old Republic (NYSE: ORI), and MBIA (NYSE: MBI). MGIC itself is up about 16 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- M&T Bank (MTB) shares climb as Q1 2024 earnings meet expectations
- Goldman Sachs (GS) tops Q1 earnings, revenue expectations
- FB Financial Corporation (FBK) Tops Q1 EPS by 15c
Create E-mail Alert Related Categories
Earnings, Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
