MGIC Investment Corporation (NYSE: MTG) has announced that it will be unveiling its third quarter financial results on Monday 4th November 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
According to financial analysts on Wall Street, the business is likely to announce an estimated per share $0.66 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $306.02 million during this period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.64. This significant amount was attributed to the company's remarkable total revenue of $296.51 million generated during that specific period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $1.22 billion. Furthermore, they expect the business to achieve profit of $2.75 per share during the fiscal year.
The business has scheduled a conference call on 5th November 2024 at 10:00 AM eastern time to discuss Q3 financial results.
MGIC Investment Corporation (MTG) closed Friday's regular trading session at $23.56, showing a 5.91 percent downfall. During the day, MTG shares traded between $23.40 and $24.71, with a day volume of 3.86 million shares.