MILWAUKEE (AP) — MILWAUKEE (AP) — MGIC Investment Corp. (MTG) on Wednesday reported third-quarter profit of $191.1 million.
On a per-share basis, the Milwaukee-based company said it had net income of 83 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The mortgage insurance company posted revenue of $304.5 million in the period. Its adjusted revenue was $304.3 million.
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