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MBIA (NYSE:MBI) is scheduled to be issuing its Q214 quarterly earnings data on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $94.20 million for the quarter.

MBIA (NYSE:MBI) last issued its quarterly earnings data on Monday, May 12th. The company reported $1.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $1.26. The company had revenue of $88.00 million for the quarter, compared to the consensus estimate of $93.45 million. During the same quarter last year, the company posted $0.84 earnings per share. MBIA’s revenue was down 26.7% compared to the same quarter last year. On average, analysts expect MBIA to post $1.11 EPS for the current fiscal year and $0.34 EPS for the next fiscal year.

MBIA (NYSE:MBI) traded up 0.63% on Tuesday, hitting $9.51. 509,336 shares of the company’s stock traded hands. MBIA has a 52-week low of $9.20 and a 52-week high of $15.26. The stock has a 50-day moving average of $10.57 and a 200-day moving average of $12.11. The company has a market cap of $1.856 billion and a P/E ratio of 5.34.

On a related note, analysts at BTIG Research downgraded shares of MBIA from a “buy” rating to a “neutral” rating in a research note on Monday, June 30th.

MBIA Inc (NYSE:MBI) together with its consolidated subsidiaries, operates the financial guarantee insurance businesses in the industry and is a provider of asset management advisory services.

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