MGIC Investment (US:MTG) ZACKSยท2025-07-30 23:06Group 1 - MGIC Investment (MTG) reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, and showing an increase from $0.77 per share a year ago, resulting in an earnings surprise of +17.14% [1] - The company posted revenues of $305.67 million for the quarter ended June 2025, slightly missing the Zacks Consensus Estimate by 0.35%, and showing a marginal increase from $305.55 million year-over-year [2] - MGIC has surpassed consensus EPS estimates for the last four quarters, but has not beaten consensus revenue estimates during the same period [2] Group 2 - The stock has gained approximately 8.3% since the beginning of the year, matching the S&P 500's gain of 8.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $308.28 million, and for the current fiscal year, it is $2.89 on revenues of $1.23 billion [7] Group 3 - The Zacks Industry Rank indicates that the Insurance - Multi line sector is currently in the bottom 33% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The trend of estimate revisions for MGIC was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]