Radian Group Inc expected to post earnings of 81  cents a share - Earnings Preview

Radian

31/10/2023 01:43

* Radian Group Inc  RDN.N   RDN  is expected to show a fall
in
quarterly revenue when it reports  results on November 1. 
    * The Wayne Pennsylvania-based  company is expected to
report  a
1.9% decrease in revenue to $235.656 million from $240.22
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Radian Group Inc is
for
earnings of 81 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 $29​, above​ its last closing price of $25.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.79        0.78       0.91      Beat    16.6
 Mar. 31 2023  0.75        0.75       0.98      Beat    30.3
 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.        0.77        0.76       1.36      Beat    78.6
 30 2022                                                
 Mar. 31 2022  0.77        0.76       1.17      Beat    53.4​
 Dec. 31 2021  0.69        0.69       1.07      Beat    55
 Sep. 30 2021  0.71        0.71       0.67      Missed  -5.9
 This summary was machine generated October 31 at 01:43 GMT.  All
figures in US dollars  unless otherwise stated