Radian Group Inc reports results for the quarter ended March 31 - Earnings Summary

Radian

01/05/2025 01:02

Radian Group Inc RDN.N reported quarterly adjusted earnings of 99 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.03.  The mean expectation of six analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 91 cents to $1.01 per share.

Revenue rose 0.3% to $236.68 million from a year ago; analysts expected $242.70 million.

Radian Group Inc's reported EPS for the quarter was 98 cents​.

The company reported quarterly net income of $144.56 million.

Radian Group Inc shares had fallen by 4.4% this quarter and lost 0.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "hold"

Wall Street's median 12-month price target for Radian Group Inc is $35.00

This summary was machine generated from LSEG data May 1 at 12:02 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.96
0.99
Beat
Dec. 31 2024
0.92
1.09
Beat
Sep. 30 2024
0.91
1.03
Beat
Jun. 30 2024
0.90
0.99
Beat