MGIC Investment (MTG) Tops Q1 EPS by 12c

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MGIC Investment Corporation Reports First Quarter 2022 Results

May 4, 2022 4:30 PM EDT

First Quarter 2022 Net Income of $175.0 million or $0.54 per Diluted Share

First Quarter 2022 Adjusted Net Operating Income (Non-GAAP) of $192.9 million or $0.60 per Diluted Share

MILWAUKEE, May 4, 2022 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2022. Net income for the quarter was $175.0 million, or $0.54  per diluted share, compared with net income of $150.0 million, or $0.43 per diluted share, for the first quarter of 2021. 

Adjusted net operating... More