Radian Group Q2 2024 Adj. EPS $0.99 Beats $0.90 Estimate, Sales $237.731M Miss $237.929M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radian Group (NYSE:RDN) reported Q2 2024 adjusted EPS of $0.99, beating the analyst estimate of $0.90. However, sales of $237.731 million slightly missed the estimate of $237.929 million. Sales increased by 11.39% year-over-year.
July 31, 2024 | 9:00 pm
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Radian Group's Q2 2024 adjusted EPS of $0.99 beat estimates by 10%, but sales of $237.731 million slightly missed expectations. Sales increased by 11.39% year-over-year.
The positive EPS surprise is likely to have a more significant impact on the stock price than the slight miss in sales. The year-over-year sales growth of 11.39% also adds a positive sentiment.
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IMPORTANCE 80
RELEVANCE 100