UPDATE: Radian Group Posts Wider Q4 Loss
Radian Group (NYSE: RDN) posted a wider fourth-quarter loss.
Radian posted a quarterly loss of $177.3 million, or $1.34 per share, versus a year-ago loss of $121.5 million, or $0.92 per share.
Its net premiums earned rose 5.1% to $193.9 million. However, analysts were expecting a loss of $0.50 per share on net premiums earned of $200 million.
Radian shares closed at $6.72 on Friday.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.