Radian Group (RDN) Misses Q1 EPS by 6c

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Radian Announces First Quarter 2017 Financial Results

April 27, 2017 6:30 AM EDT

-- 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

PHILADELPHIA--(BUSINESS WIRE)-- Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2017, of $76.5 million, or $0.34 per diluted share. This compares to net income for the quarter ended March 31, 2016, of $66.2 million, or $0.29 per diluted share. Consolidated pretax income for the quarter ended March 31, 2017, was $114.7 million,... More