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MGIC Investment Q1 Earnings Top, Insurance in Force Rises
MGICMagic Software Enterprises(MGIC) ZACKS·2025-05-01 20:20

MGIC Investment Corporation (MTG) reported first-quarter 2025 operating net income per share of 75 cents, which beat the Zacks Consensus Estimate by 13.6%. Moreover, the bottom line increased 15.4% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Shares gained 1.9% in the aftermarket trading session to reflect the outperformance. MGIC Investment recorded total operating revenues of $305 million, which increased 0.7% year over year on higher net investment income and n ...