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MTGBearishEarningsnews
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MGIC (MTG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

May 1, 2024, 10:23 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- MGIC reported Q1 revenue of $302.87 million, up 3.8% YoY. - EPS was $0.65, beating estimates by +8.33%. - Key metrics: underwriting expense ratio, loss ratio, and revenues analyzed. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • MGIC reported Q1 revenue of $302.87 million, up 3.8% YoY.
  • EPS was $0.65, beating estimates by +8.33%.
  • Key metrics: underwriting expense ratio, loss ratio, and revenues analyzed.

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