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Radian Announces First Quarter 2021 Financial Results | 0 Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2021, of $125.6 million, or $0.64 per diluted share. This compares with net income for the quarter ended March 31, 2020, of $140.5 million, or $0.70 per diluted share.
Key Financial Highlights $0.64
(2)(3)
(2)(3) $20,161
(5) $45.9
(11) $238,921
(12)
(1)
Net income for the first quarter of 2021 includes a pretax net loss on investments and other financial instruments of $5.2 million, compared to a net gain on investments and other financial instruments of $17.4 million in the fourth quarter of 2020 and a net loss on investments and other financial instruments for the first quarter of 2020 of $22.0 million.
Radian Group Inc Q1 adjusted earnings Beat Estimates
WASHINGTON (dpa-AFX) - Radian Group Inc (RDN) reported a profit for first quarter that dropped from last year.
The company s earnings totaled $125.61 million, or $0.64 per share. This compares with $140.46 million, or $0.70 per share, in last year s first quarter.
Excluding items, Radian Group Inc reported adjusted earnings of $167.3 million or $0.68 per share for the period.
Analysts had expected the company to earn $0.67 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter fell 0.1% to $328.81 million from $329.08 million last year.
Radian Group Inc earnings at a glance: