NMI Holdings: Q3 Earnings Snapshot

EMERYVILLE, Calif. (AP) _ NMI Holdings Inc. (NMIH) on Tuesday reported third-quarter profit of $60.2 million.

On a per-share basis, the Emeryville, California-based company said it had net income of 69 cents. Earnings, adjusted for non-recurring costs, came to 71 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

The mortgage insurance company posted revenue of $124 million in the period.

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