-+ 0.00%
-+ 0.00%
-+ 0.00%
MGIC: Q3 Earnings Snapshot
Share
Listen to the news

MILWAUKEE (AP) — MILWAUKEE (AP) — MGIC Investment Corp. (MTG) on Wednesday reported third-quarter earnings of $175 million.

On a per-share basis, the Milwaukee-based company said it had profit of 85 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

The mortgage insurance company posted revenue of $299.1 million in the period. Its adjusted revenue was $299.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTG at https://www.zacks.com/ap/MTG

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending