Radian Group (RDN) Q2 Earnings Top Estimates, Premiums Rise Y/Y

Radian Group Inc. (RDN) reported second-quarter 2024 adjusted operating income of 99 cents per share, which beat the Zacks Consensus Estimate by 13.8%. Moreover, the bottom line increased 8.8% year over year. Operating revenues increased 12.3% year over year to $325.6 million due to higher net premiums earned, services revenues and net investment income. The results reflected solid performance across both Mortgage and All Other segments, higher primary mortgage insurance in force, improved investment income ...