MGIC Investment MTG reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:07 PM.
Here's what investors need to know about the announcement.
Earnings
MGIC Investment beat estimated earnings by 17.54%, reporting an EPS of $0.67 versus an estimate of $0.57.
Revenue was down $8.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 0.48% increase in the share price the next day.
Here's a look at MGIC Investment's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.56 | 0.53 | 0.50 | 0.53 |
| EPS Actual | 0.64 | 0.68 | 0.54 | 0.64 |
| Revenue Estimate | 296.29M | 292.51M | 291.55M | 295.44M |
| Revenue Actual | 296.50M | 290.68M | 283.96M | 292.25M |
To track all earnings releases for MGIC Investment visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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