MGIC Investment (MTG) Beats Q2 Earnings, Raises Dividend
MGIC Investment (MTG) ZACKS·2024-08-01 22:46
MGIC Investment Corporation (MTG) reported second-quarter 2024 operating net income per share of 77 cents, which beat the Zacks Consensus Estimate by 24.2%. Moreover, the bottom line increased 13.2% year over year. MGIC Investment recorded total operating revenues of $306 million, which increased 3.4% year over year on higher net investment income, other revenues and premiums earned. The top line beat the consensus mark by 0.6%. The quarterly results reflected higher premiums written, improved net investmen ...