MBIA (MBI) Reports Q1 EPS of 37c

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MKM Partners Maintain Buy Following MBIA's (MBI) Strong Quarter Results

May 12, 2015 11:47 AM EDT

MKM Partners maintain a Buy rating on MBIA Inc. (NYSE: MBI), and their price target of $20.00, following another strong quarter. MBIA reported operating income of $0.18 per share against MKM estimates of $0.12 and the consensus estimate of $0.13.

MKM Partners analyst, Harry Fong, commented on MBIA, saying, "MBIA reported operating income of $0.18 per share against our estimate of $0.12 and the consensus estimate of $0.13. Overall, it was a good quarter... More