MGIC Investment Corporation (MTG) reported first-quarter 2024 operating net income per share of 65 cents, which beat the Zacks Consensus Estimate by 8.3%. The better-than-expected earnings were driven by higher net investment income and lower underwriting and other expenses. The insurer continues to benefit from favorable credit trends and the resiliency of the housing market. The bottom line improved 20.3% year over year. MGIC Investment recorded total operating revenues of $303 million, which increased 3. ...