WASHINGTON (dpa-AFX) - Radian Group Inc (RDN) announced earnings for third quarter that beat the Street estimates.
The company's bottom line came in at $151.89 million, or $0.99 per share. This compares with $156.58 million, or $0.98 per share, in last year's third quarter.
Excluding items, Radian Group Inc reported adjusted earnings of $199 million or $1.03 per share for the period.
Analysts on average had expected the company to earn $0.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.8% to $333.86 million from $312.51 million last year.
Radian Group Inc earnings at a glance (GAAP) :
-Earnings (Q3): $151.89 Mln. vs. $156.58 Mln. last year. -EPS (Q3): $0.99 vs. $0.98 last year. -Revenue (Q3): $333.86 Mln vs. $312.51 Mln last year.
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