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MGIC Investment reports Q1 adjusted EPS 76c, consensus 74c

Reports Q1 revenue $297.08M, consensus $303.12M. CEO Tim Mattke said, “We had a strong start to the year, successfully executing on our business strategies and generating solid first quarter results. We achieved a return on equity of 13% while continuing to return meaningful capital to our shareholders. We are well-positioned to navigate dynamic environments, supported by our deep industry expertise, strong balance sheet, and disciplined approach to capital allocation. Our continued focus and commitment to meet our customers’ evolving needs has allowed us to drive long-term shareholder value”.

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