Ambac Financial Group Inc AMBC.N, AMBC.K is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024
The New York City-based company is expected to report a 76.5% increase in revenue to $75.88 million from $43 million a year ago, according to the estimate from one analyst, based on LSEG data. (Sales/Revenue Majority Basis is on Total revenues before expenses and reorganization items)
LSEG's mean analyst estimate for Ambac Financial Group Inc is for earnings of 8 cents per share.
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "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 Ambac Financial Group Inc is 17.00, above its last closing price of $11.30.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | 0.17 | 0.15 | 0.18 | Beat | 20 |
Mar. 31 2024 | 0.12 | 0.09 | 0.82 | Beat | 864.7 |
Dec. 31 2023 | -0.03 | -0.02 | 0.32 | Beat | 1,700 |
Jan. 1 0001 | -0.19 | -0.18 | 2.00 | Beat | 1,181.1 |
| -0.17 | -0.16 | 0.07 | Beat | 143.8 |
Mar. 31 2023 | -0.31 | -0.31 | -0.30 | Beat | 3.2 |
Jan. 1 0001 | 0.81 | 0.88 | 4.18 | Beat | 376.8 |
Sep. 30 2022 | -0.73 | -0.72 | 7.37 | Beat | 1,116.6 |
This summary was machine generated November 8 at 21:38 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)
Comments