MBI Earnings Prediction
The chart below shows how MBI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MBI sees a +0.21% change in stock price 10 days leading up to the earnings, and a -10.65% change 10 days following the report. On the earnings day itself, the stock moves by -0.21%. This data can give you a slight idea of what to expect for the next quarter's release.
MBI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
37.00M
219.35%
27.59%
Gross Margin
--
--
--
Operating Margin
0.00%
-100.00%
-100.00%
Net Margin
-135.14%
-98.32%
-23.15%
EPS
-1.07
-63.61%
-8.55%
No Data Available
MBI Earnings Analysis
MBIA Inc Corporation (MBI.N) Earnings Conference Call
Positive
Reduced Net Losses Q4: Lower net losses in Q4 2024 compared to Q4 2023, with a consolidated GAAP net loss of $51 million versus $138 million.
Improved Financial Results: Reduced investment losses at National and the Corporate segment contributed to improved financial results for 2024.
Reduced Operating Expenses: Lower operating expenses in Q4 2024 compared to Q4 2023, primarily due to reduced compensation costs.
Portfolio Management Effectiveness: National's insured portfolio gross par amount declined by approximately $3.1 billion from year-end 2023 to about $25 billion at the end of 2024, indicating effective portfolio management.
Financial Stability Indicators: National had total claims paying resources of $1.5 billion and statutory capital and surplus in excess of $900 million as of December 31, 2024, demonstrating financial stability.
Dividend Payment and Liquidity Support: National declared and paid an as-of-right dividend of $69 million to MBIA Inc. in Q4 2024, providing liquidity support to the holding company.
Q4 2024 Net Income: MBIA Insurance Corp. reported statutory net income of $4 million for Q4 2024, showing positive performance compared to the previous year.
Corporate Asset Base: The Corporate segment had total assets of approximately $707 million as of December 31, 2024, indicating a solid asset base.
Negative
Consolidated GAAP Net Loss: The company reported a consolidated GAAP net loss of $51 million for Q4 2024, which, while an improvement from a loss of $138 million in Q4 2023, still indicates ongoing financial struggles.
Adjusted Net Loss Increase: The adjusted net loss for Q4 2024 was $22 million, worsening from an adjusted net loss of $8 million in Q4 2023, primarily due to higher loss in LAE and lower net investment income at National.
Consolidated GAAP Net Loss: For the full year 2024, the company reported a consolidated GAAP net loss of $447 million, only a slight improvement from a loss of $491 million in 2023, indicating persistent financial challenges.
Increased Net Loss: The adjusted net loss for the full year 2024 was $184 million, compared to $169 million in 2023, reflecting a deterioration in financial performance.
Decline in Book Value: MBIA Inc.'s book value per share decreased significantly to a negative $40.99 as of December 31, 2024, down from a negative $32.56 a year earlier, indicating a decline in shareholder value.
Statutory Capital Decline: National's statutory capital decreased by $205 million to $912 million as of December 31, 2024, largely due to its statutory net loss and dividend payments, raising concerns about its financial stability.
Claims Paying Resources Decline: Claims paying resources for National decreased by $174 million to $1.5 billion, which could impact the company's ability to meet future claims obligations.
Statutory Net Loss Increase: MBIA Insurance Corp. reported a statutory net loss of $64 million for the full year 2024, worsening from a loss of $28 million in 2023, driven by higher loss in LAE related to claims adjustments.
Insured Portfolio Contraction: The insured gross par outstanding for MBIA Insurance Corp. decreased by 18% to $2.3 billion, indicating a contraction in the company's insured portfolio and potential challenges in future revenue generation.
MBI FAQs
How does MBI typically perform around its earnings report dates?
Is MBIA Inc (MBI) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
MBI Earning Call Sentiment
MBIA Inc. (NYSE:MBI) Q4 2024 Earnings Call Transcript
MBI.N
-0.75%Positive
The earnings call summary and Q&A reveal several negative factors: declining statutory capital and claims paying resources, increased losses, and regulatory challenges. Although there are improvements in some financial metrics, the overall sentiment is negative due to uncertainties surrounding PREPA, the lack of a shareholder return plan, and unclear management responses. The Q&A highlights concerns about strategic and financial uncertainties, further supporting a negative outlook. Without a market cap, we assume moderate impact, leading to a predicted stock price movement in the negative range (-2% to -8%).
