MBIA Inc. Reports First Quarter 2016 Financial Results

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Go back to MBIA Inc. Reports First Quarter 2016 Financial Results

MBIA (MBI) Misses Q1 EPS by 1c

May 9, 2016 4:33 PM EDT

MBIA (NYSE: MBI) reported Q1 EPS of $0.12, $0.01 worse than the analyst estimate of $0.13.

Adjusted Book Value (ABV) per share (a non-GAAP measure defined in the attached Explanation of Non-GAAP Financial Measures) increased to $31.74 as of March 31, 2016 from $29.69 as of December 31, 2015. The... More