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Ambac Financial Group Q2 2024 Earnings Report

Ambac Financial Group logo
$12.17 -0.01 (-0.08%)
(As of 12/20/2024 05:15 PM ET)

Ambac Financial Group EPS Results

Actual EPS
$0.18
Consensus EPS
$0.19
Beat/Miss
Missed by -$0.01
One Year Ago EPS
$0.07

Ambac Financial Group Revenue Results

Actual Revenue
$105.00 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Ambac Financial Group Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Slide Deck

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Ambac Financial Group Earnings Headlines

Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
Ambac Financial reports Q3 adjusted EPS (46c), consensus 8c
See More Ambac Financial Group Headlines
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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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