MGIC Investment (NYSE:MTG) reported its Q4 earnings results on Wednesday, February 2, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
MGIC Investment beat estimated earnings by 38.64%, reporting an EPS of $0.61 versus an estimate of $0.44, which surprised analysts.
Revenue was up $8.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 3.95% drop in the share price the next day.
Here's a look at MGIC Investment's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.45 | 0.42 | 0.42 | 0.40 |
| EPS Actual | 0.46 | 0.44 | 0.42 | 0.43 |
| Revenue Estimate | 298.37M | 295.90M | 302.77M | 301.14M |
| Revenue Actual | 295.75M | 297.85M | 297.96M | 302.28M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
