MBIA, Inc. (NYSE:MBI) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

MBIA (NYSE:MBI) last announced its quarterly earnings data on Tuesday, August 8th. The insurance provider reported ($1.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($1.10). The company had revenue of $72.00 million for the quarter, compared to analysts’ expectations of $87.85 million. During the same period in the prior year, the company earned $0.12 earnings per share. The company’s revenue for the quarter was down 39.0% compared to the same quarter last year. On average, analysts expect MBIA to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of MBIA, Inc. (NYSE:MBI) opened at 7.08 on Tuesday. MBIA, Inc. has a one year low of $6.04 and a one year high of $11.65. The stock’s market cap is $890.78 million. The company has a 50 day moving average of $8.31 and a 200-day moving average of $8.99.

WARNING: This report was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/10/31/mbia-inc-mbi-set-to-announce-quarterly-earnings-on-tuesday.html.

A number of analysts recently commented on the company. ValuEngine cut MBIA from a “buy” rating to a “hold” rating in a research report on Friday, October 20th. MKM Partners reiterated a “buy” rating on shares of MBIA in a research report on Thursday, October 5th. BTIG Research reiterated a “buy” rating and set a $14.00 price objective on shares of MBIA in a research report on Wednesday, September 6th. Finally, BidaskClub cut MBIA from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. MBIA has an average rating of “Hold” and a consensus price target of $14.50.

About MBIA

MBIA Inc is a holding company. The Company, through its subsidiaries, is engaged in the financial guarantee insurance businesses in the industry. The Company manages its business within three segments: United States (U.S.) public finance insurance; corporate, and international and structured finance insurance.

Earnings History for MBIA (NYSE:MBI)

Receive News & Ratings for MBIA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MBIA Inc. and related companies with MarketBeat.com's FREE daily email newsletter.