MBIA (MBI) Misses Q3 EPS by 16c

MBIA (NYSE: MBI) reported Q3 EPS of ($0.35), $0.16 worse than the analyst estimate of ($0.19).

Book value per share was $12.22 as of September 30, 2018 compared with $15.44 as of December 31, 2017. The decrease in book value per share since year-end 2017 was primarily due to the year-to-date net loss and unrealized losses on investments and debt carried at fair value that is included in accumulated other comprehensive loss.

For earnings history and earnings-related data on MBIA (MBI) click here.

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