Radian Group Inc expected to post earnings of 74  cents a share - Earnings Preview

Radian

02/05/2023 03:01

* Radian Group Inc  RDN.N   RDN  is expected to show a fall
in
quarterly revenue when it reports  results on May 3. 
    * The Wayne Pennsylvania-based  company is expected to
report  a
4.0% decrease in revenue to $243.948 million from $254.19
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Radian Group Inc is
for
earnings of 74 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Radian
Group Inc
is $24​, above​ its last closing price of $23.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.76        0.75       1.05      Beat    40.1
 Sep. 30 2022  0.77        0.77       1.31      Beat    70.4
 Jun. 30 2022  0.77        0.76       1.36      Beat    78.6​
 Mar. 31 2022  0.77        0.76       1.17      Beat    53.4
 ​​Dec.        0.69        0.69       1.07      Beat    55
 31 2021                                                
 Sep. 30 2021  0.71        0.71       0.67      Missed  -5.9​
 Jun. 30 2021  0.70        0.70       0.75      Beat    7.7
 Mar. 31 2021  0.69        0.67       0.68      Beat    1.2
 This summary was machine generated May 2 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated