Ambac Financial (AMBC) Stock

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Ambac Financial Group, Inc.'s (NYSE: AMBC) legacy financial guarantee businesses to funds managed by Oaktree Capital Management, L.P. for $420 million in cash is fair to Ambac shareholders. Halper Sadeh encourages Ambac shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or zh.

NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. to Sell Legacy Financial Guarantee Business.

Ambac (AMBC) has experienced significant changes in earnings estimates in the past month and is part of a robust industry.

Ambac Financial Group, Inc. (AMBC) Q4 2023 Earnings Call Transcript

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Ambac is a complex company with a financial guarantees business and a new specialty P&C insurance business. We run a comparison with MBIA to compute releasable liquidity from the FG business that may be paid out as a special dividend. Ambac may benefit from a liquidity release or a sale, but the bulk of its value lies in its new businesses.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Ambac Financial Group (AMBC) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to earnings of $0.28 per share a year ago.