MGIC: Q3 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — MGIC Investment Corp. (MTG) on Wednesday reported third-quarter earnings of $175 million.

On a per-share basis, the Milwaukee-based company said it had profit of 85 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

The mortgage insurance company posted revenue of $299.1 million in the period. Its adjusted revenue was $299.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTG at https://www.zacks.com/ap/MTG