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MBIA Inc. Q2 adjusted earnings Miss Estimates

August 05, 2020 — 04:37 pm EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - Below are the earnings highlights for MBIA Inc. (MBI):

-Earnings: -$106 million in Q2 vs. -$207 million in the same period last year. -EPS: -$1.69 in Q2 vs. -$2.45 in the same period last year. -Excluding items, MBIA Inc. reported adjusted earnings of -$72 million or -$1.15 per share for the period. -Analysts projected -$0.27 per share -Revenue: $114 million in Q2 vs. $30 million in the same period last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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