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Assured Guaranty posts 3Q profit

HAMILTON, Bermuda (AP) _ Assured Guaranty Ltd. (AGO) on Thursday reported third-quarter profit of $208 million.

The Hamilton, Bermuda-based company said it had net income of $1.72 per share. Earnings, adjusted for non-recurring gains, were $1.29 per share.

The insurance holding company posted revenue of $623 million in the period. Its adjusted revenue was $559 million.

Assured Guaranty shares have dropped slightly more than 1 percent since the beginning of the year. The stock has climbed 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGO at https://www.zacks.com/ap/AGO