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Assured Guaranty Ltd. Message Board

  • twm48976 twm48976 Nov 11, 2013 6:16 PM Flag

    AGO Nice beat! :))

    Assured Guaranty beats by $0.01, beats on revs

    Reports Q3 (Sep) earnings of $0.64 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.63; non-GAAP revenues fell 23.3% year/year to $297 mln vs the $292.83 mln consensus.
    •Present Value of New Business Production increased 14% over its third quarter 2012 level to $40 million, with international public finance contributing $13 million from two UK infrastructure bond transactions.

    •A $400 million share repurchase authorization has been approved to replace the current authorization.

    Sentiment: Strong Buy

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AGO
25.56-0.01(-0.04%)Dec 19 4:01 PMEST

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