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MGIC Investment (MTG) Q2 Earnings Surpass Estimates

MGIC Investment (MTG) came out with quarterly earnings of 0.82pershare,beatingtheZacksConsensusEstimateof0.82 per share, beating the Zacks Consensus Estimate of 0.7 per share. This compares to earnings of 0.77pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+17.140.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +17.14%. A quarter ago, it was expected that this mortgage insurance company would post earnings of 0.66 per share when it actually produced earnings of $0.75, delivering a surprise of +13.64%.Over the last four qua ...