Recap: Ambac Financial Group Q4 Earnings

Ambac Financial Group AMBC reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.

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

Ambac Financial Group beat estimated earnings by 68.63%, reporting an EPS of $-0.16 versus an estimate of $-0.51.

Revenue was up $35.00 million from the same period last year.

Last quarter the company beat on EPS by $0.98 which was followed by a 6.62% drop in the share price the next day.

Here's a look at Ambac Financial Group's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.45	-0.53	-0.53	-0.68
EPS Actual	0.53	-0.30	0.59	0.08
Revenue Estimate	56.90M	57.60M	53.50M	49.00M
Revenue Actual	51.00M	49.00M	129.00M	88.00M

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

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