MBIA (MBI) Reports Q2 Loss, Tops Revenue Estimates
MBIMBIA (MBI) ZACKS·2024-08-07 07:46

MBIA (MBI) came out with a quarterly loss of 2.90pershareversustheZacksConsensusEstimateofalossof2.90 per share versus the Zacks Consensus Estimate of a loss of 0.09. This compares to loss of 0.45pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−3,122.220.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3,122.22%. A quarter ago, it was expected that this insurance and reinsurance company would post a loss of 0.06 per share when it actually produced a loss of $0.52, delivering a surprise of -766.67%.Over the last four quarters, the ...