Radian (RDN) Beats Q2 Earnings Estimates

Radian (RDN) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 13.79%. A quarter ago, it was expected that this mortgage insurer would post earnings of $0.83 per share when it actually produced earnings of $1.03, delivering a surprise of 24.10%. Over the last four quarters, the company ...