Radian Group RDN will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Radian Group to report an earnings per share (EPS) of $0.91.
Anticipation surrounds Radian Group's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
The company's EPS beat by $0.11 in the last quarter, leading to a 4.04% drop in the share price on the following day.
Here's a look at Radian Group's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.88 | 0.84 | 0.86 | 0.80 |
EPS Actual | 0.99 | 1.03 | 0.96 | 1.04 |
Price Change % | -4.0% | 2.0% | -4.0% | 4.0% |
Stock Performance
Shares of Radian Group were trading at $32.11 as of November 04. Over the last 52-week period, shares are up 21.6%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Radian Group visit their earnings calendar on our site.
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.
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