Investing.com - MGIC Investment reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
MGIC Investment announced earnings per share of $0.86 on revenue of $292.8M. Analysts polled by Investing.com anticipated EPS of $0.52 on revenue of $298.21M.
MGIC Investment shares are down 32% from the beginning of the year and are trading at $13.50 , down-from-52-week-high.
MGIC Investment follows other major Financial sector earnings this month
MGIC Investment's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar