Assured Guaranty (AGO) Misses Q2 EPS by 50c

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Go back to Assured Guaranty (AGO) Misses Q2 EPS by 50c

Assured Guaranty Ltd. Reports Results for Second Quarter 2023

August 8, 2023 4:15 PM EDT

GAAP Highlights: Net income attributable to Assured Guaranty Ltd. was $125 million, or $2.06 per share,(1) for second quarter 2023. Shareholders equity attributable to Assured Guaranty Ltd. per share was $89.65 as of June 30, 2023. Non-GAAP Highlights: Adjusted operating income(2) was $36 million, or $0.60 per share, for second quarter 2023. Adjusted operating shareholders equity(2) per share and adjusted book value (ABV)(2) per share were $95.64 and $144.21, respectively, as of June 30, 2023. Return of Capital to Shareholders: Second quarter 2023 capital returned to shareholders was $41 million including share repurchases of $24... More