Assured Guaranty Ltd expected to post earnings of $1.39 a share - Earnings Preview

Assured Guaranty

06/08/2024 03:03

* Assured Guaranty Ltd  AGO.N   AGO  is expected to show a
rise in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Pembroke Bermuda-based   company is expected to report
a
128.7% increase in revenue to $194.37 million from $85 million a
year ago, according to the mean estimate from 3 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 $1.39 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 $106.00​, above​ its last closing price of $75.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.59        1.32       1.96      Beat    48.5
 Dec. 31 2024  1.19        1.18       5.75      Beat    386.3
 Sep. 30 2023  1.06        1.05       3.42      Beat    227​
 Jun. 30 2023  1.07        1.04       0.60      Missed  -42.3
 ​​Mar.        0.95        0.95       1.12      Beat    17.4
 31 2023                                                
 Dec. 31 2022  0.90        0.89       0.22      Missed  -75.2​
 Sep. 30 2022  0.84        0.84       2.11      Beat    150.4
 Jun. 30 2022  0.89        0.89       0.46      Missed  -48.2
 This summary was machine generated August 6 at 02:03 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)