Radian Group (NYSE: RDN) reported earnings on July 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Radian Group beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly. Non-GAAP earnings per share grew. GAAP loss per share dropped.

Margins grew across the board.

Revenue details
Radian Group recorded revenue of $243.0 million. The four analysts polled by S&P Capital IQ expected sales of $231.6 million on the same basis. GAAP reported sales were 26% higher than the prior-year quarter's $157.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.05. The five earnings estimates compiled by S&P Capital IQ forecast -$0.04 per share. Non-GAAP EPS were $0.05 for Q2 compared to -$0.38 per share for the prior-year quarter. GAAP EPS were -$0.19 for Q2 against -$0.90 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 24.5%, much better than the prior-year quarter. Operating margin was -6.1%, much better than the prior-year quarter. Net margin was -16.7%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $239.6 million. On the bottom line, the average EPS estimate is -$0.04.

Next year's average estimate for revenue is $803.5 million. The average EPS estimate is -$0.65.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 437 members out of 626 rating the stock outperform, and 189 members rating it underperform. Among 147 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give Radian Group a green thumbs-up, and 49 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Radian Group is outperform, with an average price target of $13.14.

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