MGIC Investment (MTG) Tops Q3 EPS by 1c
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MGIC Investment Corporation Reports Third Quarter 2021 Results
November 3, 2021 4:15 PM EDTMILWAUKEE, Nov. 3, 2021 /PRNewswire/ --Â MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2021. Net income for the quarter was $158.0 million, or $0.46 per diluted share, compared with net income of $130.8 million, or $0.38 per diluted share, for the third quarter of 2020.
Adjusted net operating income for the third quarter of 2021 was $157.1 million, or $0.46 per diluted share, compared with $149.9 million, or $0.43 per diluted share, for the third quarter of 2020. We present the non-GAAP financial measure "Adjusted net operating income" to increase the comparability between periods of... More
