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MBIA Inc. Q2 adjusted earnings Beat Estimates

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

-Earnings: -$61 million in Q2 vs. -$106 million in the same period last year.
-EPS: -$1.23 in Q2 vs. -$1.69 in the same period last year.
-Excluding items, MBIA Inc. reported adjusted earnings of $37 million or $0.76 per share for the period.
-Analysts projected -$0.47 per share
-Revenue: $18 million in Q2 vs. $114 million in the same period last year.

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