Radian Group (RDN) Misses Q1 EPS by 6c

Radian Group (NYSE: RDN) reported Q1 EPS of $0.37, $0.06 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $221.8 million versus the consensus estimate of $236.26 million.

-- Net income of $76 million or $0.34 per diluted share –

-- Adjusted diluted net operating income per share of $0.37 –

-- New MI business written grows 25%; MI in force increases 6% year-over-year –

-- Book value per share increases 9% year-over-year to $13.58 –

For earnings history and earnings-related data on Radian Group (RDN) click here.

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