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WKN: 885069 / ISIN: US7502361014

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27.04.2016 12:40:02

Radian Group Inc Profit Rises 5% In Q1

(RTTNews) - Radian Group Inc (RDN) released earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line came in at $130.2 million, or $0.37 per share. This was up from $123.9 million, or $0.35 per share, in last year's first quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 39.4% to $313.0 million. This was up from $224.6 million last year.

Radian Group Inc earnings at a glance:

-Earnings (Q1): $130.2 Mln. vs. $123.9 Mln. last year. -Earnings Growth (Y-o-Y): 5.1% -EPS (Q1): $0.37 vs. $0.35 last year. -EPS Growth (Y-o-Y): 5.7% -Analysts Estimate: $0.34 -Revenue (Q1): $313.0 Mln vs. $224.6 Mln last year. -Revenue Change (Y-o-Y): 39.4%

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