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MBIA Q1 2024 Earnings Report

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$6.02 -0.32 (-5.05%)
(As of 03:46 PM ET)

MBIA EPS Results

Actual EPS
-$0.52
Consensus EPS
-$0.06
Beat/Miss
Missed by -$0.46
One Year Ago EPS
-$0.03

MBIA Revenue Results

Actual Revenue
$13.00 million
Expected Revenue
$29.00 million
Beat/Miss
Missed by -$16.00 million
YoY Revenue Growth
N/A

MBIA Announcement Details

Quarter
Q1 2024
Time
After Market Closes

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MBIA Earnings Headlines

MBIA upgraded to Outperform from Market Perform at Keefe Bruyette
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About MBIA

MBIA (NYSE:MBI) provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, and privately issued bonds used for the financing for utilities, toll roads, bridges, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

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