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Ambac Financial Group Q4 2024 Earnings Report

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$8.72 +0.06 (+0.75%)
As of 01:35 PM Eastern
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Ambac Financial Group EPS Results

Actual EPS
-$0.12
Consensus EPS
$0.06
Beat/Miss
Missed by -$0.18
One Year Ago EPS
N/A

Ambac Financial Group Revenue Results

Actual Revenue
$18.93 million
Expected Revenue
$24.83 million
Beat/Miss
Missed by -$5.90 million
YoY Revenue Growth
N/A

Ambac Financial Group Announcement Details

Quarter
Q4 2024
Time
After Market Closes
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Ambac Financial Group Earnings Headlines

Ambac Financial call volume above normal and directionally bullish
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Ambac: Despite EPS Miss, It's A Growth Company
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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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