• Ambac Financial Group Inc AMBC.N reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of three analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -6 cents to 6 cents per share.

• Revenue fell 14.2% to $65.22 million from a year ago.

• Ambac Financial Group Inc's reported EPS for the quarter was a loss of $10.23​.

• The company reported a quarterly loss of $548.27 million.

• Ambac Financial Group Inc shares had fallen by 7.8% this quarter.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the property & casualty insurance peer group is also "strong buy"

Wall Street's median 12-month price target for Ambac Financial Group Inc is $17.00

This summary was machine generated from LSEG data February 27 at 07:14 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)