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Assured Guaranty Ltd. Message Board

  • MakeMohMoney MakeMohMoney May 9, 2011 4:50 PM Flag

    Excellent numbers - BEAT!

    Assured Guaranty Ltd. (AGO: News ) reported first quarter net income of $125.4 million or $0.67 per share, compared to $322.0 million or $1.69 per share in the prior year quarter.

    Excluding items, net income for the quarter was $249.0 million or $1.33 per share, compared to $112.6 million or $0.59 per share a year-ago.

    On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.86 per share. Analysts' estimates typically excludes special items.

    Total revenues for the quarter were $254.1 million, compared to $667.3 million last year. Excluding items, total revenues for the quarter were $459.7 million, compared to $406.4 million in the same period a year-ago.

    Five Wall Street analysts expected revenues of $367.47 million for the quarter.

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AGO
25.17-0.62(-2.40%)Mar 27 4:00 PMEDT