MGIC Investment (MTG) Tops Q1 EPS by 11c
Get Alerts MTG Hot Sheet
EPS Growth %: +11.1%
Financial Fact:
Total other-than-temporary impairment losses: 0
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
MGIC Investment (NYSE: MTG) reported Q1 EPS of $0.32, $0.11 better than the analyst estimate of $0.21. Revenue for the quarter came in at $270.2 million versus the consensus estimate of $243.55 million.
Patrick Sinks, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC"), said, "I am pleased to report that in the first quarter of 2015 the company continued to generate high quality new insurance which contributed to an increase in insurance in force." Sinks added, "I am encouraged by the positive trends we continue to experience relative to new delinquent notices, paid claims, and the delinquent inventory."
For earnings history and earnings-related data on MGIC Investment (MTG) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Phillips Edison & Company (PECO) Reports In-Line Q1 EPS, provides guidance
- Alphabet (GOOG) Tops Q1 EPS by 38c
Create E-mail Alert Related Categories
Earnings, Management CommentsRelated Entities
EarningsSign 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!