Benzinga | Aug 4, 2021 05:30PM EDT

MBIA Q2 Adj. EPS $0.76 Beats $(0.47) Estimate, Sales $14.00M Beat $12.50M Estimate

MBIA (NYSE:MBI) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $(0.47) by 261.7 percent. This is a 166.09 percent increase over losses of $(1.15) per share from the same period last year. The company reported quarterly sales of $14.00 million which beat the analyst consensus estimate of $12.50 million by 12.00 percent. This is a 26.32 percent decrease over sales of $19.00 million the same period last year.