Radian Group (RDN) Tops Q4 EPS by 1c

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Radian Announces Fourth Quarter and Full Year 2016 Financial Results

January 26, 2017 6:30 AM EST

-- Fourth quarter net income of $61 million, or $0.27 per diluted share; Full year net income of $308 million or $1.37 per diluted share

-- Fourth quarter adjusted diluted net operating income per share of $0.41; full year of $1.56

-- $50.5 billion in new MI business for 2016; sets all-time company record for flow MI

-- Book value per share increases 11% year-over-year to $13.39

PHILADELPHIA--(BUSINESS WIRE)-- Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended December 31, 2016, of $61.1 million, or $0.27 per... More