Radian Group (NYSE: RDN ) reported earnings on Feb. 11. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Radian Group met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank significantly and GAAP loss per share increased.
Margins shrank across the board.
Radian Group reported revenue of $226.1 million. The five analysts polled by S&P Capital IQ expected to see sales of $226.3 million on the same basis. GAAP reported sales were 38% lower than the prior-year quarter's $365.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$1.39. The six earnings estimates compiled by S&P Capital IQ predicted -$0.52 per share. GAAP EPS were -$1.34 for Q4 against -$0.92 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was -38.8%, 3,780 basis points worse than the prior-year quarter. Operating margin was -63.4%, 5,190 basis points worse than the prior-year quarter. Net margin was -77.9%, 4,460 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $230.5 million. On the bottom line, the average EPS estimate is $0.02.
Next year's average estimate for revenue is $938.1 million. The average EPS estimate is -$0.16.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 397 members out of 577 rating the stock outperform, and 180 members rating it underperform. Among 139 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 86 give Radian Group a green thumbs-up, and 53 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Radian Group is hold, with an average price target of $4.86.
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