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Ambac Financial (AMBC)
NYSE:AMBC
Earnings Data
Report Date
Aug 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.18Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -11.50%
|Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue and premium growth, especially in the Insurance Distribution and Specialty Program segment, along with improved loss ratios. However, these positives were counterbalanced by a significant net loss from continuing operations, a decline in Everspan premiums, and an increased expense ratio, leading to an overall balanced sentiment.Company Guidance
In the first quarter of 2025, Ambac Financial Group reported significant growth in its Insurance Distribution and Specialty Program business, with $318 million in premium, marking a 70% increase, and $63 million in revenue, up 27% from the previous year. The Beat acquisition contributed notably, generating over $20 million in revenue, a 40% increase from the first quarter of 2024. Cirrata, a segment of Ambac, produced over $230 million in premium, up 156%, buoyed by the launch of six new MGAs in 2024. Despite a 2% contraction in organic growth due to strategic pullbacks in ESL and short-term medical lines, the exclusion of these lines would have resulted in nearly 12% organic growth. If Beat's performance were included, consolidated organic growth would have reached approximately 17%. Additionally, Everspan's gross premiums written were $87 million, down 10% from the previous year, yet the loss ratio improved by nearly 9%, indicating better underwriting efficiency. The overall guidance suggests strategic focus areas such as enhancing risk capacity, product diversification, and distribution expansion, all aimed at supporting future growth and profitability.Strong Start for Insurance Distribution and Specialty Program
The business produced $318 million of premium, up 70%, and generated $63 million of revenue, up 27% from the prior year, largely due to the Beat acquisition.
Significant Growth in Cirrata
Cirrata generated over $230 million of premium for the quarter, up 156%, driven by a strong pipeline of startup MGAs.
Improved Loss Ratio for Everspan
Everspan's loss ratio improved by nearly 9% or 880 basis points, indicating better underwriting management.
Cirrata Revenue Surge
Cirrata revenue increased by 129% to $41 million compared to the first quarter of 2024.
AMBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $8.35 | $6.70 | -19.76% |
Feb 26, 2025 | $11.66 | $10.40 | -10.81% |
Nov 12, 2024 | $11.70 | $12.89 | +10.17% |
Aug 05, 2024 | $11.67 | $10.40 | -10.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ambac Financial (AMBC) report earnings?
Ambac Financial (AMBC) is schdueled to report earning on Aug 11, 2025, TBA Not Confirmed.
What is Ambac Financial (AMBC) earnings time?
Ambac Financial (AMBC) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMBC EPS forecast?
AMBC EPS forecast for the fiscal quarter 2025 (Q2) is -0.18.