MGIC 4Q net income jumps to $107.5 million

MGIC recorded a strong fourth quarter, posting net income of $107.5 million, or $0.28 per diluted share, which beat estimates by $0.06. However, Patrick Sinks, CEO of MTG and its primary subsidiary MGIC, explained that while the company achieved strong financial result in 2016, 2017 is not forecasted to go as well.
Real Estate Lawyer Indianapolis Indiana
Jynell Berkshire

Ms. Berkshire is the founding attorney of BERKSHIRE LAW. Ms. Berkshire is a seasoned attorney who focuses her practice on real estate and business law, government relations, and certified business enterprises services. Read More >

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