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MGIC Investment Corporation Q1 Sales Decline

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

MGIC Investment Corporation (MTG) released earnings for first quarter of $165.30 million

The company's bottom line totaled $165.30 million, or $0.76 per share. This compares with $185.46 million, or $0.75 per share, last year.

Excluding items, MGIC Investment Corporation reported adjusted earnings of $165.14 million or $0.76 per share for the period.

The company's revenue for the period fell 3.0% to $297.07 million from $306.23 million last year.

MGIC Investment Corporation earnings at a glance (GAAP) :

-Earnings: $165.30 Mln. vs. $185.46 Mln. last year.
-EPS: $0.76 vs. $0.75 last year.
-Revenue: $297.07 Mln vs. $306.23 Mln last year.

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