Ambac Financial Group (AMBC) Releases Quarterly Earnings Results, Misses Estimates By $3.10 EPS
Ambac Financial Group (NASDAQ:AMBC) released its earnings data on Monday. The company reported ($2.51) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.59 by $3.10, Analyst Ratings Network.com reports.
Shares of Ambac Financial Group (NASDAQ:AMBC) traded up 1.42% on Monday, hitting $24.20. 496,591 shares of the company’s stock traded hands. Ambac Financial Group has a one year low of $15.03 and a one year high of $35.61. The stock’s 50-day moving average is $24.3 and its 200-day moving average is $27.77. The company has a market cap of $1.089 billion and a price-to-earnings ratio of 0.43.
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