MGIC Investment Corporation Reports Fourth Quarter 2016 Results

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Go back to MGIC Investment Corporation Reports Fourth Quarter 2016 Results

MGIC Investment (MTG) Tops Q4 EPS by 6c

January 19, 2017 7:25 AM EST

MGIC Investment (NYSE: MTG) reported Q4 EPS of $0.28, $0.06 better than the analyst estimate of $0.22. Revenue for the quarter came in at $266.5 million versus the consensus estimate of $258.4 million.

Patrick Sinks, CEO of MTG and its primary subsidiary Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased to report that in 2016 we achieved strong financial results and continued to position our company for... More