MBIA: Q4 Earnings Insights

MBIA MBI reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

MBIA beat estimated earnings by 6.0%, reporting an EPS of $-0.16 versus an estimate of $-0.17.

Revenue was down $7.00 million from the same period last year.

Last quarter the company missed on EPS by $2.77 which was followed by a 9.0% drop in the share price the next day.

Here's a look at MBIA's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.15	-0.16	-0.42	-0.31
EPS Actual	-2.92	-0.45	-0.03	0.30
Revenue Estimate	6.93M	7.67M	7.77M	6.00M
Revenue Actual	8.00M	28.00M	10.00M	16.00M

To track all earnings releases for MBIA visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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