Ambac Financial Group Q2 Adj EPS $0.07 Beats $(0.06) Estimate, Sales $62.00M Beat $48.80M Estimate
Portfolio Pulse from totan@benzinga.com
Ambac Financial Group (NYSE:AMBC) reported Q2 earnings of $0.07 per share, beating the analyst consensus estimate of $(0.06) by 216.67%. This is a 75% decrease from the same period last year. The company also reported quarterly sales of $62.00 million, beating the analyst consensus estimate of $48.80 million by 27.05%. This is a 27.91% decrease from the same period last year.
August 07, 2023 | 8:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ambac Financial Group's Q2 earnings and sales exceeded analyst estimates, despite a decrease from the same period last year.
Ambac Financial Group's Q2 earnings and sales exceeded analyst estimates, which is generally a positive signal for the stock. However, the decrease from the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100