Radian: Fourth Quarter Earnings Overview

Radian Group Inc. Announces Fourth Quarter Earnings

Radian Group Inc., headquartered in Wayne, Pennsylvania, revealed a net income of $154.8 million for the fourth quarter.

The company reported earnings of $1.12 per share, while adjusted earnings—factoring out one-time items and discontinued operations—stood at $1.16 per share.

During this quarter, the mortgage insurance provider generated $300.5 million in revenue, with adjusted revenue totaling $301.7 million.

Looking at the full year, Radian Group achieved a net profit of $582.6 million, or $4.14 per share, and reported annual revenue of $1.2 billion.

This article was produced by Automated Insights using information from Zacks Investment Research.