Radian Group (RDN) Misses Q3 EPS by 5c

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Go back to Radian Group (RDN) Misses Q3 EPS by 5c

Radian Announces Third Quarter 2015 Financial Results

October 27, 2015 6:30 AM EDT

Reports net income of $70 million or $0.29 per diluted share

Adjusted diluted net operating income of $0.31 per share

PHILADELPHIA--(BUSINESS WIRE)-- Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended September 30, 2015, of $70.1 million, or $0.29 per diluted share. This compares to net income for the quarter ended September 30, 2014, of $153.6 million, or $0.67 per diluted share.

Adjusted pretax operating income for the quarter ended September 30, 2015, was $115.6 million, compared to adjusted pretax operating income for the quarter ended September 30, 2014, of $125.8 million. Adjusted diluted net operating income per share for the quarter ended September... More