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.

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.

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.

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