Must-See Earnings Estimates Ambac Financial Group (NYSE:AMBC)

Earnings results for Ambac Financial Group (NYSE:AMBC)

Ambac Financial Group, Inc. is expected* to report earnings on 11/09/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. The reported EPS for the same quarter last year was $1.63.

Ambac Financial Group last announced its earnings data on August 6th, 2020. The reported ($0.52) EPS for the quarter. The business earned $75 million during the quarter. Ambac Financial Group has generated $0.00 earnings per share over the last year.

Analyst Opinion on Ambac Financial Group (NYSE:AMBC)

Dividend Strength: Ambac Financial Group (NYSE:AMBC)

Ambac Financial Group does not currently pay a dividend. Ambac Financial Group does not have a long track record of dividend growth.

Insiders buying/selling: Ambac Financial Group (NYSE:AMBC)

In the past three months, Ambac Financial Group insiders have not sold or bought any company stock. Only 1.80% of the stock of Ambac Financial Group is held by insiders. 81.33% of the stock of Ambac Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Ambac Financial Group (NYSE:AMBC

The P/E ratio of Ambac Financial Group is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Ambac Financial Group is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Ambac Financial Group has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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