Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of MBIA (NYSE:MBI) were flat in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 40.80% over the past year to ($0.74), which missed the estimate of ($0.41).
Revenue of $18,000,000 decreased by 10.00% from the same period last year, which beat the estimate of $12,950,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
MBIA hasn't issued any revenue guidance for the time being.
Recent Stock Performance
Company's 52-week high was at $8.93
Company's 52-week low was at $4.93
Price action over last quarter: Up 21.88%
Company Overview
MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. Many MBIA customers are secure public-sector entities.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!