Feb. 19 at 3:45 PM
$RDN beats Q4 estimates — what drove the upside? 🚀
Adjusted operating income of
$1.16/share beat by 4.5%, fueled by strong performance in the Mortgage Insurance segment and a 20.2% rise in new insurance written in MI. However, total expenses jumped 20.9% YoY, though the expense ratio improved.
Full earnings details here 👉 https://www.zacks.com/stock/news/2872276/radian-group-q4-earnings-top-estimates-mi-business-remains-strong?cid=sm-stocktwits-2-2872276-body-34270&ADID=SYND_STOCKTWITS_TWEET_2_2872276_BODY_34270