MGIC Investment (MTG) Tops Q2 EPS by 30c

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MGIC Investment Corporation Reports Second Quarter 2022 Results

August 3, 2022 4:10 PM EDT

Second Quarter 2022 Net Income of $249.3 million or $0.80 per Diluted Share

Second Quarter 2022 Adjusted Net Operating Income (Non-GAAP) of $254.4 million or $0.81 per Diluted Share

MILWAUKEE, Aug. 3, 2022 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2022. Net income for the quarter was $249.3 million, or $0.80 per diluted share, compared with net income of $153.1 million, or $0.44 per diluted share, for the second quarter of 2021. 

Adjusted net... More