MBIA (MBI) Tops Q3 EPS by 17c; To Explore Possible Sale

MBIA (NYSE: MBI) reported Q3 EPS of ($0.34), $0.17 better than the analyst estimate of ($0.51).

Bill Fallon, MBIA’s Chief Executive Officer noted, “Given the substantial restructuring of our Puerto Rico credits, we have retained Barclays as an advisor and have been working with them to explore strategic alternatives, including a possible sale of the company

For earnings history and earnings-related data on MBIA (MBI) click here.

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