MGIC Investment Corp. Earnings Preview For Quarterly Earnings Release Date (NYSE:MTG)
MGIC Investment Corp. (NYSE:MTG) is due to report earnings before the opening bell on January 24, 2012. Below we can see the results of MGIC Investment Corp. over the last few earnings periods.
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance to the home mortgage lending industry. The company was founded in 1984 and is headquartered in Milwaukee, Wisconsin. MTG trades an average of 6.8 million shares per day.
52 Week High: $10.42
52 Week Low: $1.51
Book Value: $6.90
Float Short: 21.24%
Analysts are expecting an improvement of $0.05 in earnings per share compared to last quarter's results of $-0.82. The reporting quarter's estimated mean earnings are $-0.77 per share . Analyst estimates range between $-0.95 and $-0.63 per share.
For the same fiscal period year-over-year, revenue has declined to $1.52 billion for 2010 vs. $1.71 billion for 2009. The bottom line has rising earnings year-over-year of $-363.74 million for 2010 vs. $-1.32 billion for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $-359.40 million for 2010 vs. $-1.77 billion for 2009.
Here is a look at the fiscal year revenue. 
Gross reported revenue compared to the mean estimate (rounded).
| Fiscal Quarter Ending Month-Year | Revenue Estimates | Actual | $ Difference | Difference % |
| Sep-11 | $ 328.49 M | $ 337.17 M | $ 8.68 M | 2.64% |
| Jun-11 | $ 345.58 M | $ 367.01 M | $ 21.43 M | 6.2% |
| Mar-11 | $ 350.04 M | $ 353.11 M | $ 3.07 M | 0.88% |
| Dec-10 | $ 355.21 M | $ 361.08 M | $ 5.87 M | 1.65% |
| Sep-10 | $ 382.69 M | $ 382.33 M | $ -0.36 M | -0.09% |
M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS) 
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for MTG 
The number of days to cover short interest based on average daily trading volume for MTG. 
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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
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