Ambac Financial Group Inc expected to post earnings of 9 cents a share - Earnings Preview

Octave Specialty

04/05/2024 01:42

* Ambac Financial Group Inc  AMBC.N   AMBC.K  is expected
to report results on May 6 for the period ending March 31 2024
    *  (Sales/Revenue Majority Basis is on Total revenues before
expenses and reorganization items)
    * ​LSEG's mean analyst estimate for Ambac Financial Group
Inc is
for earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ambac
Financial
Group Inc is $17.00​, above​ its last closing price of $14.67.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.03       -0.02      0.32      Beat    1,700
 Sep. 30 2023  -0.19       -0.18      2.00      Beat    1,181.
                                                        1
 Jan. 1 0001   -0.17       -0.16      0.07      Beat    143.8​
 Mar. 31 2023  -0.31       -0.31      -0.30     Beat    3.2
 ​​Dec.        0.81        0.88       4.18      Beat    376.8
 31 2022                                                
 Sep. 30 2022  -0.73       -0.72      7.37      Beat    1,116.
                                                        6​
 Jun. 30 2022  -0.82       -0.75      0.28      Beat    137.1
 Mar. 31 2022  -0.66       -0.72      0.30      Beat    141.7
 This summary was machine generated May 4 at 00:42 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)