MBIA Inc expected to post a loss of 33 cents a share - Earnings Preview

Reuters11-06

* MBIA Inc is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Purchase New York-based company is expected to report a 30.0% decrease in revenue to $7 million from $10 million a year ago, according to the estimate from one analyst, 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 33 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 $5.50​, above​ its last closing price of $3.99. ​​​

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.19 -0.15 -2.90 Missed -1,833

.3

Mar. 31 2024 -0.17 -0.15 -0.52 Missed -235.5

Jan. 1 0001 -0.10 -0.13 -0.16 Missed -26.3​

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

.9

​​Jun. -0.20 -0.16 -0.45 Missed -172.7

30 2023

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

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

Jan. 1 0001 -0.48 -0.47 -0.34 Beat 28.4

This summary was machine generated November 6 at 14:25 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)

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