MGIC Investment Q2 Adjusted Operating Earnings Rise, Revenue Declines

MT Newswires Live

07/30

MGIC Investment (MTG) reported Q2 adjusted operating earnings late Wednesday of $0.87 per diluted share, up from $0.82 a year earlier.

Analysts surveyed by FactSet expected $0.76.

Revenue in the quarter ended June 30 fell to $295.4 million from $304.2 million a year earlier.

Three analysts expected $297.5 million.

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