Radian Group Inc expected to post earnings of 78  cents a share - Earnings Preview

Radian

01/08/2023 03:04

* Radian Group Inc  RDN.N   RDN  is expected to show a rise
in
quarterly revenue when it reports  results on August 2. 
    * The Wayne Pennsylvania-based  company is expected to
report  a
2.1% increase in revenue to $259.152 million from $253.89
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 78 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 1 "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 $26.75​, below​ its last closing price of $26.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.75        0.75       0.98      Beat    30.3
 Dec. 31 2023  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.        0.77        0.76       1.17      Beat    53.4
 31 2022                                                
 Dec. 31 2021  0.69        0.69       1.07      Beat    55​
 Sep. 30 2021  0.71        0.71       0.67      Missed  -5.9
 Jun. 30 2021  0.70        0.70       0.75      Beat    7.7
 This summary was machine generated August 1 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated