Recap: MGIC Investment Q4 Earnings

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.

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