MGIC Investment reports Q1 adjusted EPS 75c, consensus 69c

Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation said, “I am pleased with our first quarter financial results, which reflect the continued strong performance we’ve achieved over the past few years. With our market leadership, robust capital and strong liquidity, we are in a great position to keep building on our success. While concerns around macroeconomic and geopolitical conditions have increased, I remain confident in our talented team’s ability to navigate and adapt to this evolving landscape. We are focused on executing our business strategies, supporting our customers with high-quality products and innovative solutions and delivering meaningful, long-term value to our stakeholders.”