MBIA Inc expected to post a loss of 17 cents a share - Earnings Preview

* MBIA Inc is expected to show a fall in quarterly revenue when it reports results on February 28 for the period ending December 31 2023

* The Purchase New York-based company is expected to report a 59.4% decrease in revenue to $6.5 million from $16 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Net Premiums Earned from detailed report)

* ​LSEG's mean analyst estimate for MBIA Inc is for a loss of 17 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for MBIA Inc is $9.00​, above​ its last closing price of $6.84. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Sep. 30 2023 -0.27 -0.15 -2.92 Missed -1,783

.9

Jun. 30 2023 -0.20 -0.16 -0.45 Missed -172.7

Mar. 31 2023 -0.41 -0.42 -0.03 Beat 92.9​

Dec. 31 2022 -0.37 -0.31 -0.30 Beat 2.2

​​Sep. -0.48 -0.47 -0.34 Beat 28.4

30 2022

Jun. 30 2022 -0.54 -0.54 -0.93 Missed -72.2​

Mar. 31 2022 -0.41 -0.52 -1.94 Missed -269.5

Dec. 31 2021 -0.46 -0.44 -2.13 Missed -378.7

This summary was machine generated February 26 at 22:41 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)