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Ambac Financial Group Q1 2024 Earnings Report

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$11.63 +0.23 (+1.99%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Ambac Financial Group EPS Results

Actual EPS
$0.82
Consensus EPS
$0.21
Beat/Miss
Beat by +$0.61
One Year Ago EPS
-$0.30

Ambac Financial Group Revenue Results

Actual Revenue
$103.00 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Ambac Financial Group Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Ambac Financial Group Earnings Headlines

Ambac Financial Group
The Real Hillbilly Elegy
The mountains of Appalachia are incredible to behold. Spanning thousands of miles across Alabama, Kentucky, Tennessee and beyond… It's one of our country’s most scenic areas. But hidden beneath the beauty is an ugly reality: our most beautiful land is also the poorest. It’s a tragedy because for over 200 years, generation after generation has worked “coal country” with nothing but a pick and shovel, hauling billions of dollars from the ground.
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About Ambac Financial Group

Ambac Financial Group (NYSE:AMBC) operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks. The Insurance Distribution business includes the specialty property and casualty insurance distribution business, which includes managing general agents and underwriters, insurance wholesalers, brokers, and other distribution businesses. The LFG Insurance business offers financial guarantee insurance policies that provide an unconditional and irrevocable guarantee, which protects the holder of a debt obligation against non-payment when due of the principal and interest on the obligations guaranteed. Ambac Financial Group, Inc. was incorporated in 1991 and is headquartered in New York, New York.

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