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Radian Group Inc Q1 adjusted earnings of $0.59 per share

Radian Group Inc (RDN) announced earnings for its first quarter that rose from the same period last year.

The company's bottom line totaled $114.48 million, or $0.52 per share. This compares with $76.47 million, or $0.34 per share, in last year's first quarter.

Excluding items, Radian Group Inc reported adjusted earnings of $129.73 million or $0.59 per share for the period.

The company's revenue for the quarter rose 1.0% to $291.59 million from $288.75 million last year.

Radian Group Inc earnings at a glance:

-Earnings (Q1): $129.73 Mln. vs. $81.95 Mln. last year.
-EPS (Q1): $0.59 vs. $0.37 last year.
-Revenue (Q1): $291.59 Mln vs. $288.75 Mln last year.

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