Assured Guaranty Ltd expected to post earnings of $1.18 a share - Earnings Preview

Assured Guaranty

24/02/2024 01:33

* Assured Guaranty Ltd  AGO.N   AGO  is expected to show a
fall in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Pembroke Bermuda-based   company is expected to report
a
21.4% decrease in revenue to $85.675 million from $109 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Net Earned
Premiums)
    * ​LSEG's mean analyst estimate for Assured Guaranty Ltd is
for
earnings of $1.18 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Assured
Guaranty
Ltd is $77.50​, below​ its last closing price of $84.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.06        1.05       3.42      Beat    227
 Jun. 30 2023  1.07        1.04       0.60      Missed  -42.3
 Mar. 31 2023  0.95        0.95       1.12      Beat    17.4​
 Dec. 31 2022  0.90        0.89       0.22      Missed  -75.2
 ​​Sep.        0.84        0.84       2.11      Beat    150.4
 30 2022                                                
 Jun. 30 2022  0.89        0.89       0.46      Missed  -48.2​
 Mar. 31 2022  0.81        0.83       1.34      Beat    62.4
 Dec. 31 2021  0.71        0.79       3.88      Beat    391.1
 This summary was machine generated February 24 at 01:33 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)