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.

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.

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.

Earnings Calendar