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 -

Q3 2025

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.

Ambac Financial (AMBC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AMBC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	-0.20 / -	-0.46	―	―	―
Aug 07, 2025	2025 (Q2)	-0.19 / -0.22	0.18	-222.22% (-0.40)	―	―
May 12, 2025	2025 (Q1)	-0.07 / -0.13	0.82	-115.85% (-0.95)
Feb 26, 2025	2024 (Q4)	0.00 / -0.12	0.32	-137.50% (-0.44)
Nov 12, 2024	2024 (Q3)	0.08 / -0.46	2	-123.00% (-2.46)
Aug 05, 2024	2024 (Q2)	0.15 / 0.18	0.07	157.14% (+0.11)
May 06, 2024	2024 (Q1)	0.09 / 0.82	-0.3	373.33% (+1.12)
Feb 27, 2024	2023 (Q4)	-0.02 / 0.32	4.18	-92.34% (-3.86)
Nov 07, 2023	2023 (Q3)	-0.09 / 2.00	7.37	-72.86% (-5.37)
Aug 07, 2023	2023 (Q2)	-0.16 / 0.07	0.28	-75.00% (-0.21)

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 Group (AMBC) report earnings?

Ambac Financial Group (AMBC) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Ambac Financial Group (AMBC) earnings time?

Ambac Financial Group (AMBC) earnings time is at Nov 11, 2025, After Close (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 (Q3) is -0.2.

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