MBIA Earnings Preview: Get Ahead of the Analysts

MBIA (NYSE:MBI) will report earnings after markets close on Wednesday, May 8th. MBIA Inc. provides financial guarantee insurance and other forms of credit protection. The Company also offers investment management services to public finance and structured finance issuers, investors and capital market participants.

Here is your Cheat Sheet to Mbia Earnings:

Earnings Expectations: Analysts expect earnings of $0.15 per share on revenues of $104.00 million. Currently, the company’s P/E ratio stands at 1.50.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.11 to a profit $0.15. For the current year, the average estimate is a profit of $0.59, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Mbia has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions -856.60 2,954 894.00 -1,557 2,435
Diluted EPS ($) -12.11 2.99 0.26 -6.69 6.33

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions -1,167 383.00 1,039 281.00 732.00
Diluted EPS ($) -3.239 0.05 2.98 0.04 3.260

Past Performance:
Mbia has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)