MGIC’s 1Q income beats estimates on favorable loss development

MGIC Investment (MTG) Q1 results reflect increased Insurance in force, solid persistency, lower delinquency and low credit losses.. The company witnessed lower delinquency attributable to a favorable operating environment driven by. RLI beat the respective Zacks Consensus Estimate for earnings.

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Merck & (MRK) reported 1st Quarter March 2019 earnings of $1.22 per share on revenue of $10.8 billion. The consensus earnings estimate was $1.05 per share on revenue of $10.3 billion. The Earnings Whisper number was $1.07 per share. Revenue grew 7.8% on a year-over-year basis. The company also provided guidance above the consensus estimates.

MGIC’s 1Q income beats estimates on favorable loss development MGIC Investment Corp.’s first-quarter net income beat analysts’ estimates due to favorable loss development and that should be seen with the other private mortgage insurers.

Continental Resources (CLR) reported 1st Quarter March 2019 earnings of $0.58 per share on revenue of $1.1 billion. The consensus earnings estimate was $0.47 per share on revenue of $1.1 billion. The Earnings Whisper number was $0.48 per share. Revenue fell 1.5% compared to the same quarter a year ago.

General Motors’ first-quarter net income fell 60 percent from a year ago, but the company handily beat Wall Street estimates as U.S. sales rose. The Detroit automaker says it made just over $1 billion from January through March, or 77 cents per share. A year ago the company made $2.6 billion, or $1.70 per share.

Travelers Reports Higher 1Q Catastrophe Losses.. catastrophes and net favorable prior year loss reserve development, is the underwriting gain adjusted to exclude claims and claim adjustment.

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MGIC Investment Corp.’s first-quarter net income beat analysts’ estimates due to favorable loss development and that should be seen with the other private mortgage insurers.

MGIC Investment (MTG) Q1 results reflect increased Insurance in force, solid persistency, lower delinquency and low credit losses.. Our experts cut down 220 zacks rank #1 Strong Buys to the 7 most likely to jump in price immediately.. norfolk southern (nsc) gains on Q1 Earnings & Revenue Beat.

With me are Bill Klesse, our Chairman and ceo; mike ciskowski, our CFO; Joe Gorder, President and COO; Gene Edwards, our Chief Development. loss per retail stores in Canada. For the year, our.

Amazon Smashes 1Q Earnings Estimates, AWS Still The Star. or 1.3% in the previous quarter and loss of $57 million, or 0.3% of sales in the same quarter last year.. better than the Zacks.