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Radian Group Inc. reports results for the quarter ended September 30 - Earnings Summary
Radian Group reported adjusted earnings of $1.28 per share for the quarter ended September 30, up from $1.11 a year earlier and above analysts' $1.20 average estimate. Revenue slipped 0.1% to $236.79 million, while reported earnings per share were $1.22 and net income was $163.66 million.
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What happened
Radian Group reported adjusted earnings of $1.28 per share for the quarter ended September 30, up from $1.11 a year earlier and above analysts’ $1.20 average estimate. Revenue slipped 0.1% to $236.79 million, while reported earnings per share were $1.22 and net income was $163.66 million.
Confirmed
Global impact / market context
Adjusted earnings exceeded the average analyst estimate, which may support confidence in Radian’s ability to generate profit. However, revenue declined and analysts had recently lowered earnings forecasts, creating a mixed picture: sustained earnings strength alongside weaker sales could shape expectations for future results and the share valuation.
Analyst inference
Analysts’ average rating was “buy,” and their median 12-month price target was $44, compared with a last closing price of $36.56. These are forecasts, not guaranteed outcomes; the share had gained 17.1% during the quarter but was down 0.4% year to date.
Confirmed
What to watch
- Compare Radian’s next reported revenue with this quarter’s $236.79 million; a continued decline could signal pressure on sales even if earnings per share remain firm. Analyst inference
- Check whether analysts reverse their recent estimate cuts: the average earnings forecast had fallen about 3.4% over three months, with two analysts lowering estimates in the last 30 days. Confirmed
- Review subsequent earnings against the $1.20 average estimate and $1.28 adjusted result; repeated outperformance could reinforce confidence, while a miss could weaken it. Analyst inference
Evidence
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