Assured Guaranty Ltd reports results for the quarter ended in June - Earnings Summary

Assured Guaranty

09/08/2023 09:37

* Assured Guaranty Ltd  AGO.N  reported quarterly adjusted
earnings of 60 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of $1.04 per share.
    * Revenue rose 300% to $360.00 million from a year ago;
analysts
expected $82.83 million. 
    * Assured Guaranty Ltd's reported EPS for the quarter was
$2.06​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Assured Guaranty Ltd shares had risen by 12.2% this
quarter and
gained 0.6% so far this year.
    * The company reported quarterly net income of $125 million.
    * Wall Street's median 12-month price target for Assured
Guaranty
Ltd is $75.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 08:37 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.04           0.60           Missed
 Mar. 31 2023      0.95           1.12           Beat
 Dec. 31 2022      0.89           0.22           Missed
 Sep. 30 2022      0.84           2.11           Beat