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AMBAC FINANCIAL GROUP, INC.

(AMBC)
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Ambac Financial Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021

08/05/2021 | 04:25pm EDT

Ambac Financial Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 49 million compared to USD 75 million a year ago. Net loss was USD 29 million compared to USD 35 million a year ago. Basic loss per share from continuing operations was USD 0.63 compared to USD 0.77 a year ago. For the half year, total revenue was USD 178 million compared to USD 6 million a year ago. Net loss was USD 12 million compared to USD 315 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to USD 6.83 a year ago.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2021 291 M - -
Net income 2021 -80,3 M - -
Net Debt 2021 - - -
P/E ratio 2021 -8,41x
Yield 2021 -
Capitalization 785 M 785 M -
Capi. / Sales 2021 2,69x
Capi. / Sales 2022 3,73x
Nbr of Employees 125
Free-Float 98,0%
Chart AMBAC FINANCIAL GROUP, INC.
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Ambac Financial Group, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends AMBAC FINANCIAL GROUP, INC.
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Last Close Price 16,98 $
Average target price 17,00 $
Spread / Average Target 0,12%
EPS Revisions
Managers and Directors
Claude L. LeBlanc President, Chief Executive Officer & Director
David Trick Chief Financial Officer, Treasurer & Executive VP
Jeffrey Scott Stein Independent Chairman
Michael Reilly Chief Information & Administrative Officer
C. James Prieur Independent Director
Sector and Competitors