MGIC (MTG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
MTGMGIC Investment (MTG) ZACKS·2024-08-01 09:30

MGIC Investment (MTG) reported 305.55millioninrevenueforthequarterendedJune2024,representingayear−over−yearincreaseof3.4305.55 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 3.4%. EPS of 0.77 for the same period compares to 0.68ayearago.Thereportedrevenuerepresentsasurpriseof+0.610.68 a year ago.The reported revenue represents a surprise of +0.61% over the Zacks Consensus Estimate of 303.7 million. With the consensus EPS estimate being $0.62, the EPS surprise was +24.19%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...