Radian Group Inc expected to post earnings of 75cents a share - Earnings Preview

Radian

06/02/2023 22:53

* Radian Group Inc  RDN.N   RDN  is expected to show a fall
in
quarterly revenue when it reports  results on February 8. 
    * The Wayne Pennsylvania-based  company is expected to
report  a
7.0% decrease in revenue to $243.022 million from $261.44
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 75 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Radian
Group Inc
is $23.5​, above​ its last closing price of $22.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.69        0.69       1.07      Beat    55
 ​​Sep.        0.71        0.71       0.67      Missed  -5.9
 30 2021                                                
 Jun. 30 2021  0.70        0.70       0.75      Beat    7.7​
 Mar. 31 2021  0.69        0.67       0.68      Beat    1.2
 Dec. 31 2020  0.66        0.64       0.69      Beat    8.5
 This summary was machine generated February 6 at 22:53 GMT.  All
figures in US dollars  unless otherwise stated