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.

Earnings

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.

Past Earnings Performance

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:

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