MGIC: Q4 Earnings Snapshot

MILWAUKEE (AP) _ MGIC Investment Corp. (MTG) on Wednesday reported fourth-quarter profit of $173.9 million.

The Milwaukee-based company said it had profit of 52 cents per share. Earnings, adjusted for one-time gains and costs, came to 61 cents per share.

The mortgage insurance company posted revenue of $294.1 million in the period. Its adjusted revenue was $292.9 million.

For the year, the company reported profit of $635 million, or $1.85 per share. Revenue was reported as $1.18 billion.

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