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RickNagra

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RickNagra

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Wednesday, 05/05/2021 8:02:41 PM

Wednesday, May 05, 2021 8:02:41 PM

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MGIC Investment EPS in-line, misses on revenue

May 05, 2021 4:47 PM ETMGIC Investment Corporation (MTG)By: Pranav Ghumatkar, SA News Editor
MGIC Investment (NYSE:MTG): Q1 Non-GAAP EPS of $0.42 in-line; GAAP EPS of $0.43 beats by $0.02.
Revenue of $297.96M (-2.9% Y/Y) misses by $4.71M.
The loss ratio for the first quarter of 2021 was 15.5%, compared to 17.5% for the fourth quarter of 2020 and 23.4% for the first quarter of 2020.
Shares -1.14%.

The WhaleBalls Corporation.

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