MGIC Investment (MTG) Earnings Date, Estimates & Call Transcripts

$20.35
+0.05 (+0.25%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
After Market Closes
Confirmed
Actual EPS
(Jan. 31)
$0.67 Beat By $0.10
Consensus EPS
(Jan. 31)
$0.57
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MTG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MTG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

MGIC Investment Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$0.58$0.59$0.59
Q2 20241$0.60$0.60$0.60
Q3 20241$0.61$0.61$0.61
Q4 20241$0.61$0.61$0.61
FY 20245$2.40$2.41$2.41
Q1 20252$0.60$0.62$0.61
Q2 20251$0.70$0.70$0.70
Q3 20252$0.42$0.64$0.53
Q4 20251$0.79$0.79$0.79
FY 20256$2.51$2.75$2.63

MTG Earnings Date and Information

MGIC Investment last posted its earnings data on January 31st, 2024. The insurance provider reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.10. The business earned $284.72 million during the quarter, compared to analysts' expectations of $302.96 million. MGIC Investment has generated $2.49 earnings per share over the last year ($2.49 diluted earnings per share) and currently has a price-to-earnings ratio of 8.2. Earnings for MGIC Investment are expected to grow by 4.12% in the coming year, from $2.43 to $2.53 per share. MGIC Investment has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024. MGIC Investment will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call..

MGIC Investment Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
-------  
1/31/2024Q4 2023$0.57$0.67+$0.10$0.68$302.96 million$284.72 million
10/31/2023Q3 2023$0.57$0.64+$0.07$0.64$296.31 million$296.50 million  
8/2/2023Q2 2023$0.55$0.68+$0.13$0.70$292.51 million$290.70 million      
5/3/2023Q1 2023$0.51$0.54+$0.03$0.55$291.89 million$284.00 million      
2/2/2023Q4 2022$0.59$0.64+$0.05$0.64$295.17 million$292.25 million    
11/2/2022Q3 2022$0.55$0.86+$0.31$0.91$322.19 million$296.06 million
8/3/2022Q2 2022$0.54$0.81+$0.27$0.82$306.01 million$297.86 million
5/4/2022Q1 2022$0.58$0.60+$0.02$0.66$292.28 million$294.60 million      
2/2/2022Q4 2021$0.45$0.61+$0.16$0.70$290.90 million$294.12 million    
11/3/2021Q3 2021$0.46$0.46-$0.46-$294.74 million    
8/4/2021Q2 2021$0.42$0.44+$0.02$0.44$291.76 million$297.80 million    
5/5/2021Q1 2021$0.42$0.42-$0.41-$295.74 million  

MGIC Investment Earnings - Frequently Asked Questions

When is MGIC Investment's earnings date?

MGIC Investment has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 2024. Learn more on MTG's earnings history.

Did MGIC Investment beat their earnings estimates last quarter?

In the previous quarter, MGIC Investment (NYSE:MTG) reported $0.67 earnings per share (EPS) to beat the analysts' consensus estimate of $0.57 by $0.10. Learn more on analysts' earnings estimate vs. MTG's actual earnings.

How much revenue does MGIC Investment generate each year?

MGIC Investment (NYSE:MTG) has a recorded annual revenue of $1.16 billion.

How much profit does MGIC Investment generate each year?

MGIC Investment (NYSE:MTG) has a recorded net income of $712.95 million. MTG has generated $2.49 earnings per share over the last four quarters.

What is MGIC Investment's price-to-earnings ratio?

MGIC Investment (NYSE:MTG) has a trailing price-to-earnings ratio of 8.17 and a forward price-to-earnings ratio of 8.37. The price/earnings-to-growth ratio is 1.67.

What is MGIC Investment's EPS forecast for next year?

MGIC Investment's earnings are expected to grow from $2.43 per share to $2.53 per share in the next year, which is a 4.12% increase.


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This page (NYSE:MTG) was last updated on 4/25/2024 by MarketBeat.com Staff

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