Octave Specialty Group (OSG) Reports Q4 Loss, Misses Revenue Estimates

Octave Specialty Group (OSG) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to a loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +90.24%. A quarter ago, it was expected that this bond insurer would post a loss of $0.23 per share when it actually produced a loss of $0.21, delivering a surprise of +8.7%.Over the last four quarters, the company ...