Radian Group (RDN) Tops Q4 EPS by 4c

Radian Group (NYSE: RDN) reported Q4 EPS of $0.70, $0.04 better than the analyst estimate of $0.66. Revenue for the quarter came in at $259.7 million versus the consensus estimate of $259.72 million.

“I am pleased to report that 2018 was another outstanding year for Radian, with net income of $606 million, return on equity of 18.7%, 10% growth in mortgage insurance in force and record volume of flow mortgage insurance business,” said Radian’s Chief Executive Officer Rick Thornberry. “We are delivering on our strategy of becoming an even stronger company across all of our businesses, from Mortgage Insurance and Risk Services to Title, Mortgage and Real Estate Services, while also strengthening our capital position and increasing our financial flexibility.”

For earnings history and earnings-related data on Radian Group (RDN) click here.

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