MBIA Inc. Reports Second Quarter 2018 Financial Results

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Go back to MBIA Inc. Reports Second Quarter 2018 Financial Results

MBIA (MBI) Misses Q2 EPS by 24c

August 8, 2018 4:57 PM EDT

MBIA (NYSE: MBI) reported Q2 EPS of ($0.58), $0.24 worse than the analyst estimate of ($0.34).

Adjusted Book Value (ABV) per share (a non-GAAP measure defined in the attached Explanation of Non-GAAP Financial Measures) was $27.24 compared with $28.77 as of December 31, 2017. Those amounts reflect an... More