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Compared to Estimates, MGIC (MTG) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2025, MGIC Investment (MTG - Free Report) reported revenue of $305.49 million, up 0.9% over the same period last year. EPS came in at $0.75, compared to $0.65 in the year-ago quarter.
The reported revenue represents a surprise of -1.46% over the Zacks Consensus Estimate of $310.03 million. With the consensus EPS estimate being $0.66, the EPS surprise was +13.64%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MGIC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
GAAP underwriting expense ratio (insurance operations only): 22.5% compared to the 24.4% average estimate based on two analysts.
GAAP loss ratio (insurance operations only): 3.9% versus the two-analyst average estimate of 16.2%.
Revenues- Net premiums earned: $243.72 million compared to the $245.41 million average estimate based on two analysts. The reported number represents a change of +0.4% year over year.
Revenues- Other revenue: $0.33 million versus the two-analyst average estimate of $0.50 million. The reported number represents a year-over-year change of -31.3%.
Revenues- Net investment income: $61.44 million versus the two-analyst average estimate of $64.12 million. The reported number represents a year-over-year change of +2.8%.
Shares of MGIC have returned -2% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, MGIC (MTG) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2025, MGIC Investment (MTG - Free Report) reported revenue of $305.49 million, up 0.9% over the same period last year. EPS came in at $0.75, compared to $0.65 in the year-ago quarter.
The reported revenue represents a surprise of -1.46% over the Zacks Consensus Estimate of $310.03 million. With the consensus EPS estimate being $0.66, the EPS surprise was +13.64%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MGIC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- GAAP underwriting expense ratio (insurance operations only): 22.5% compared to the 24.4% average estimate based on two analysts.
- GAAP loss ratio (insurance operations only): 3.9% versus the two-analyst average estimate of 16.2%.
- Revenues- Net premiums earned: $243.72 million compared to the $245.41 million average estimate based on two analysts. The reported number represents a change of +0.4% year over year.
- Revenues- Other revenue: $0.33 million versus the two-analyst average estimate of $0.50 million. The reported number represents a year-over-year change of -31.3%.
- Revenues- Net investment income: $61.44 million versus the two-analyst average estimate of $64.12 million. The reported number represents a year-over-year change of +2.8%.
View all Key Company Metrics for MGIC here>>>Shares of MGIC have returned -2% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.