Ambac Financial Group (NYSE:AMBC – Get Free Report) is scheduled to announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Ambac Financial Group (NYSE:AMBC – Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.03 by $0.29. The company had revenue of $76.00 million during the quarter. Ambac Financial Group had a return on equity of 6.99% and a net margin of 1.48%. During the same quarter in the prior year, the company earned $4.18 earnings per share. On average, analysts expect Ambac Financial Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Ambac Financial Group Stock Performance
NYSE AMBC opened at $14.67 on Friday. The company has a debt-to-equity ratio of 2.46, a current ratio of 0.72 and a quick ratio of 0.72. Ambac Financial Group has a 1-year low of $11.26 and a 1-year high of $17.80. The firm has a market capitalization of $663.15 million, a P/E ratio of 98.07 and a beta of 1.30. The business’s 50-day simple moving average is $15.20 and its 200-day simple moving average is $15.07.
Analyst Ratings Changes
Read Our Latest Stock Report on Ambac Financial Group
Ambac Financial Group Company Profile
Ambac Financial Group, Inc 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.
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