Radian Group (RDN) Tops Q3 EPS by 3c, Beats on Revenues

Radian Group (NYSE: RDN) reported Q3 EPS of $0.46, $0.03 better than the analyst estimate of $0.43. Revenue for the quarter came in at $312.05 million versus the consensus estimate of $236.17 million.

• GAAP net income of $65.1 million or $0.30 per diluted share
• Adjusted diluted net operating income per share increases 12% year-over-year to $0.46
• New MI business written increases 5% over second quarter 2017; MI in force increases 8% year-over-year
• Book value per share grows 3% and tangible book value per share grows 12% year-over-year

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

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