Ambac Financial Group Inc logo

AMBC

Ambac Financial Group Inc

$15

Earnings Summary

Revenue
$52Mn
Net Profits
$17Mn
Net Profit Margins
32.69%

Highlights

Revenue:

Ambac Financial Group Inc’s revenue fell -17.46% since last year same period to $52Mn in the Q3 2021. On a quarterly growth basis, Ambac Financial Group Inc has generated 4% jump in its revenue since last 3-months.

Net Profits:

Ambac Financial Group Inc’s net profit jumped 115.74% since last year same period to $17Mn in the Q3 2021. On a quarterly growth basis, Ambac Financial Group Inc has generated 160.71% jump in its net profits since last 3-months.

Net Profit Margins:

Ambac Financial Group Inc’s net profit margin jumped 119.07% since last year same period to 32.69% in the Q3 2021. On a quarterly growth basis, Ambac Financial Group Inc has generated 158.38% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ambac Financial Group Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.88
EPS Estimate Current Year
0.88

Highlights

EPS Estimate Current Quarter:

Ambac Financial Group Inc’s earning per share (EPS) estimates for the current quarter stand at 0.88 - a 222.22% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ambac Financial Group Inc’s earning per share (EPS) estimates for the current year stand at 0.88.

Key Ratios

Key ratios of the Ambac Financial Group Inc post its Q4 2022 earnings

Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.43

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ambac Financial Group Inc’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ambac Financial Group Inc’s return on equity (ROE) stands at 0.43.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-08
-0.75
0.28
137.33%
2022-05-10
-0.72
0.3
141.67%
2022-11-08
-0.72
7.37
1123.61%

Company Information

Ambac Financial Group, Inc. ('Ambac' or 'AFG'), headquartered in New York City, is a financial services holding company whose principal subsidiaries Ambac Assurance Corporation and Ambac UK Limited, are financial guarantee insurance companies currently in run-off. Outstanding policies include financial guarantees of public finance and structured finance obligations in the public and private sectors globally. Ambac's common stock trades on the New York Stock Exchange under the symbol 'AMBC'. The Amended and Restated Certificate of Incorporation of Ambac contains substantial restrictions on the ability to transfer Ambac's common stock. Subject to limited exceptions, any attempted transfer of common stock shall be prohibited and void to the extent that, as a result of such transfer (or any series of transfers of which such transfer is a part), any person or group of persons shall become a holder of 5% or more of Ambac's common stock or a holder of 5% or more of Ambac's common stock increases its ownership interest. Ambac is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, we use our website to convey information about our businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information, and the posting of updates to the status of certain residential mortgage backed securities litigations.

Organisation
Ambac Financial Group Inc
Headquarters
One World Trade Center, New York, NY, United States, 10007
Employees
155
Industry
Finance
CEO
Claude LeBlanc

Trading and brokerage services provided by

Alpaca iconDrivewealth icon

Banking and Remittance services provided by

SBM icon

Technology services provided by : Finzoomers Services Private Limited

Disclaimer: These services are not for exchange traded products.The securities quoted are exemplary and not recommendatory. Please be informed that US Stocks are not exchange traded funds in India and Finzoomers Services Private Limited acts in the capacity of facilitator of this product. All disputes with respect to the transaction facilitation services, would not have access to Indian Exchange investor redressal forum or Arbitration mechanism in India. T&C apply*