Latest news with #AMBC
Yahoo
4 hours ago
- Business
- Yahoo
Ambac Financial Group (AMBC) Expected to Beat Earnings Estimates: Should You Buy?
The market expects Ambac Financial Group (AMBC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This bond insurer is expected to post quarterly loss of $0.24 per share in its upcoming report, which represents a year-over-year change of -233.3%. Revenues are expected to be $55.59 million, down 47.1% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 25% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Ambac? For Ambac, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +12.50%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Ambac will most likely beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Ambac would post a loss of$0.07 per share when it actually produced a loss of -$0.13, delivering a surprise of -85.71%. The company has not been able to beat consensus EPS estimates in any of the last four quarters. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Ambac appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Skyward Specialty Insurance (SKWD), another stock in the Zacks Insurance - Property and Casualty industry, is expected to report earnings per share of $0.86 for the quarter ended June 2025. This estimate points to a year-over-year change of +7.5%. Revenues for the quarter are expected to be $324.36 million, up 15.9% from the year-ago quarter. The consensus EPS estimate for Skyward has been revised 0.2% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +2.51%. When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Skyward will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ambac Financial Group, Inc. (AMBC) : Free Stock Analysis Report Skyward Specialty Insurance Group, Inc. (SKWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Wire
17-07-2025
- Business
- Business Wire
Ambac Reports That the Wisconsin Office of the Commissioner of Insurance Has Scheduled a Hearing on the Sale of Ambac's Legacy Business
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group ('Ambac') (NYSE: AMBC), an insurance holding company, today reported that the Wisconsin Office of the Commissioner of Insurance ('OCI') has scheduled a hearing on the sale of Ambac Assurance Corporation ('AAC') (the 'Sale'). The hearing will take place on September 3, 2025, at 9 a.m. CT. The OCI has also scheduled a pre-hearing conference relating to the Sale to take place on August 4, 2025, at 3 p.m. CT. Further information may be obtained on the OCI's website at 'We are pleased that a hearing date has been set, one of the final steps in the Wisconsin regulatory approval process,' Ambac President and CEO Claude LeBlanc said. 'We are eager to complete the Sale and cement our transformation into a pure-play specialty P&C insurance platform.' About Ambac Ambac Financial Group, Inc. ('Ambac' or 'AFG') is an insurance holding company headquartered in New York City. Ambac's core business is a growing specialty P&C distribution and underwriting platform. Ambac also has a legacy financial guaranty business in run off. Ambac's common stock trades on the New York Stock Exchange under the symbol 'AMBC'. Ambac is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, we use our website to convey information about our businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information. For more information, please go to The Amended and Restated Certificate of Incorporation of Ambac contains substantial restrictions on the ability to transfer Ambac's common stock. Subject to limited exceptions, any attempted transfer of common stock shall be prohibited and void to the extent that, as a result of such transfer (or any series of transfers of which such transfer is a part), any person or group of persons shall become a holder of 5% or more of Ambac's common stock or a holder of 5% or more of Ambac's common stock increases its ownership interest.
Washington Post
12-05-2025
- Business
- Washington Post
Ambac: Q1 Earnings Snapshot
NEW YORK — NEW YORK — Ambac Financial Group Inc. (AMBC) on Monday reported a first-quarter loss of $46.4 million, after reporting a profit in the same period a year earlier. The New York-based company said it had a loss of $1.22 per share. Losses, adjusted for one-time gains and costs, came to 13 cents per share.
Yahoo
12-05-2025
- Business
- Yahoo
Ambac: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Ambac Financial Group Inc. (AMBC) on Monday reported a first-quarter loss of $46.4 million, after reporting a profit in the same period a year earlier. The New York-based company said it had a loss of $1.22 per share. Losses, adjusted for one-time gains and costs, came to 13 cents per share. The bond insurer posted revenue of $62.8 million in the period. Ambac shares have dropped 34% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.35, a decrease of 54% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AMBC at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
