Almost 2 Years Ago
1 Min Read
AMBC leaping 21% today. Some more information:
Ambac Financial Group (AMBC) is trading 21% higher at $13.74 today.
- Ambac Financial Group Inc. reported earnings of EPS of $0.11 in Q2, compared to -$0.63 in the same period last year
- Adjusted earnings were $12.7M or $0.28 per share for the period
- Guidance for Q3 EPS -$6M to +$4M, up from their previous guidance of a range of -$4M to +$8M
Ambac Financial Group has been trading between a 52-week high of $17.86 and a 52-week low of $7.24. The stock has a market cap of $640 Million.
Ambac Financial Group, Inc. ('Ambac' or 'AFG'), headquartered in New York City, is a financial services holding company whose principal subsidiaries Ambac Assurance Corporation and Ambac UK Limited, are financial guarantee insurance companies currently in run-off. Outstanding policies include financial guarantees of public finance and structured finance obligations in the public and private sectors globally.
Headlines
Ambac Financial Group Inc. Q2 Earnings Summary
Finanz Nachrichten 08-08-22
Ambac Financial Group Inc. Q2 Earnings Summary
Business Insider Markets 08-08-22
AMBAC FINANCIAL GROUP INC – 10-Q – Management''s Discussion and Analysis of Financial Condition and Results of Operations
InsuranceNewsNet 08-08-22
Ambac Financial Group Non-GAAP EPS of $0.28 beats by $1.10 (NYSE:AMBC)
Seeking Alpha 08-08-22
Ambac to Release Second Quarter 2022 Results on August 8, 2022
Wallstreet:Online 07-26-22
Recommended Articles
