Radian Group Inc (NYSE:RDN)
$ 31.18 -0.32 (-1.02%) Market Cap: 4.70 Bil Enterprise Value: 6.27 Bil PE Ratio: 8.25 PB Ratio: 1.06 GF Score: 70/100

Q4 2021 Radian Group Inc Earnings Call Transcript

Feb 23, 2022 / 03:00PM GMT
Release Date Price: $23.85 (+3.16%)
Operator

Good morning, and welcome to Radian's Fourth Quarter 2021 Earnings Call. My name is Brandon, and I'll be your operator for today. (Operator Instructions) Please note, this conference is being recorded.

I will now turn it over to John Damian. And John, you may begin.

John W. Damian
Radian Group Inc. - SVP of Corporate Development & IR

Thank you, and welcome to Radian's Fourth Quarter and Year-End 2021 Conference Call. Our press release, which contains Radian's financial results for the quarter and year-end, was issued yesterday evening and is posted to the Investors section of our website at www.radian.com.

This press release includes certain non-GAAP measures that will be discussed during today's call, including adjusted pretax operating income, adjusted diluted net operating income per share and adjusted net operating return on equity. In addition, specifically for our Homegenius segment, other non-GAAP measures that will be discussed today include adjusted gross profit,

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