The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict MBIA's revenues will contract 41.4% and EPS will shrink 91.0%.
The average estimate for revenue is $129.9 million. On the bottom line, the average EPS estimate is $0.20.
Last quarter, MBIA notched revenue of $206.0 million. GAAP reported sales were 124% lower than the prior-year quarter's -$1.63 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$1.34. GAAP EPS were $0.05 for Q1 compared to -$6.37 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 71.6%, 2,720 basis points worse than the prior-year quarter. Operating margin was 29.2%, 7,480 basis points worse than the prior-year quarter. Net margin was 2.6%, 7,560 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $789.0 million. The average EPS estimate is -$0.28.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 552 members out of 1,010 rating the stock outperform, and 458 members rating it underperform. Among 272 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 107 give MBIA a green thumbs-up, and 165 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MBIA is outperform, with an average price target of $15.67.
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