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MBIA Inc. Q3 adjusted earnings Miss Estimates

Below are the earnings highlights for MBIA Inc. (MBI):

-Earnings: -$45 million in Q3 vs. -$267 million in the same period last year.
-EPS: -$0.50 in Q3 vs. -$2.17 in the same period last year.
-Excluding items, MBIA Inc. reported adjusted earnings of -$32 million or -$0.35 per share for the period.
-Analysts projected -$0.19 per share
-Revenue: $105 million in Q3 vs. $33 million in the same period last year.

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