MBIA Q4 EPS Misses by 380% but Revenue Beats by 40%
MBIA posted a Q4 EPS loss of $0.24 versus the expected loss of $0.05, a 380% miss and narrower than last year’s $0.48. The insurer reported $28 million in revenues, topping estimates by 40% but down from $29 million year-over-year, while shares have declined 11.7% YTD.
1. Q4 Results Show Significant EPS Miss and Revenue Beat
MBIA recorded a Q4 loss of $0.24 per share versus an expected loss of $0.05, missing estimates by 380% but improving from a $0.48 loss a year earlier. The company generated $28 million in revenue, surpassing consensus forecasts by 40% yet down from $29 million in the prior-year quarter.
2. YTD Share Performance and Outlook
MBIA shares have fallen 11.7% year-to-date compared with a 1.5% gain in the S&P 500. Consensus estimates call for a first-quarter EPS loss of $0.11 on $20 million in revenue and a full-year EPS loss of $0.27 on $77 million, with forthcoming estimate revisions likely to influence near-term stock performance.