MGIC Investment Corporation (MTG) Q4 2021 Earnings Results

MGIC Investment Corp Beats on EPS, Stock Down 1.1%

MGIC Investment Corp reported a strong EPS performance, exceeding expectations significantly. However, the stock reacted negatively, declining by 1.1%. This may indicate investor concerns about future revenue prospects, as no guidance was offered.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.61	N/A	+35.56%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed satisfaction with the EPS results, highlighting their commitment to strong underwriting practices. However, they did not provide specific guidance for the upcoming quarters.

We are pleased with our EPS performance this quarter.

Our focus remains on maintaining strong underwriting standards.

MGIC Investment Corp Beats on EPS, Stock Down 1.1%

Key numbers

Management commentary

MGIC Investment Corporation

More earnings this week

MGIC Investment Corp Beats on EPS, Stock Down 1.1%

Key numbers

Management commentary