UPDATE: Radian Swings To Q4 Profit

Radian Group

swung to a profit in the fourth quarter. Radian posted a quarterly net profit of $36.4 million, or $0.19 per share, versus a year-ago loss of $177.3 million, or $1.34 per share. However, analysts were estimating earnings of $0.00 per share. Radian shares gained 2.93% to $14.75 in pre-market trading.