Recap: Ambac Financial Group Q4 Earnings

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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:

 

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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Posted In: EarningsBZI-Recaps
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