MGIC Investment: Q4 Earnings Insights

MGIC Investment: Q4 Earnings Insights

MGIC Investment MTG reported its Q4 earnings results on Wednesday, February 2, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

MGIC Investment beat estimated earnings by 38.64%, reporting an EPS of $0.61 versus an estimate of $0.44, which surprised analysts.

Revenue was up $8.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 3.95% drop in the share price the next day.

Here's a look at MGIC Investment's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.45 0.42 0.42 0.40
EPS Actual 0.46 0.44 0.42 0.43
Revenue Estimate 298.37M 295.90M 302.77M 301.14M
Revenue Actual 295.75M 297.85M 297.96M 302.28M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings