MGIC Investment (MTG) Tops Q3 EPS by 12c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 7/6/2026

1. MU
2. APTX:CN
3. IQMX
4. SPY
5. EROC
6. MSTR
7. SEER
8. MSFT
9. USO
10. NVDA

Go back to MGIC Investment (MTG) Tops Q3 EPS by 12c

MGIC Investment Corporation Reports Third Quarter 2020 Results

November 4, 2020 5:30 PM EST

MILWAUKEE, Nov. 4, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2020. Net income for the quarter was $130.8 million, or $0.38 per diluted share, compared with net income of $176.9 million, or $0.49 per diluted share, for the third quarter of 2019.

Adjusted net operating income for the third quarter of 2020 was $149.9  million, or $0.43 per diluted share, compared with $173.6 million, or $0.48 per diluted share, for the third quarter of 2019. We present the non-GAAP financial measure "Adjusted net operating income" to increase the comparability between periods of... More