Radian posts $65M net income in 3Q after Clayton, other charges

PHILADELPHIA (AP) _ Radian Group Inc. (RDN) on Thursday reported second-quarter net income of $208.9 million, after reporting a loss in the same period a year earlier. On a per-share basis, the.

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Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2018, of $114.5 million, or $0.52 per diluted share. This compares to net income for the quarter ended March 31, 2017, of $76.5 million, or $0.34 per diluted share. Key Financial Highlights (dollars in millions, except per-share data)

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Among other things, the update requires: (i) equity investments to be measured at fair value with changes in fair value recognized in net income; (ii) the use of the exit price notion when.

Radian Group Inc. today reported net income from continuing operations for the quarter ended June 30, 2016, of $98.1 million, or $0.44 per diluted share. pretax income from continuing operations.

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Radian Group Inc.’s (RDN – Free Report) first-quarter 2018 operating income of 59 cents per share beat the Zacks Consensus Estimate by 1.7%.The bottom line also improved 59.5% year over year.

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Radian Group reported net income for the quarter ended March 31, 2014, of $202.8 million, or $0.94 per diluted share, which included combined gains from the change in fair value of derivatives and other financial instruments of $50.8 million and net gains on investments of $64.5 million.

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Mortgage insurer Radian Group started the year off with success in several key parts of its business, including increasing its net income from last year. Radian reported net income for the quarter.

Radian’s earnings call indicated that pressure on premium margins should stabilize, excluding the impact of any price cuts. Essent reported net income for the quarter ended March 31, 2018 of $111.1 million or $1.13 per diluted share, compared to $66.6 million or $0.72 per diluted share for the quarter ended March 31, 2017.