MBIA (MBI) Reports Q4 Loss, Tops Revenue Estimates
MBIMBIA (MBI) Zacks Investment Research·2024-02-29 09:01

MBIA (MBI) came out with a quarterly loss of 0.16pershareversustheZacksConsensusEstimateof0.16 per share versus the Zacks Consensus Estimate of 0.04. This compares to earnings of 0.30pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof5000.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -500%. A quarter ago, it was expected that this insurance and reinsurance company would post a loss of 0.05 per share when it actually produced a loss of $2.92, delivering a surprise of -5,740%. Over the last four quarters, the company ha ...