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Assured Guaranty posts 4Q profit

HAMILTON BERMUDA, Bermuda (AP) _ Assured Guaranty Ltd. (AGO) on Thursday reported fourth-quarter profit of $52 million.

The Hamilton Bermuda, Bermuda-based company said it had profit of 44 cents per share. Earnings, adjusted for non-recurring costs, came to 77 cents per share.

The insurance holding company posted revenue of $281 million in the period. Its adjusted revenue was $283 million.

For the year, the company reported profit of $730 million, or $5.96 per share. Revenue was reported as $1.5 billion.

Assured Guaranty shares have increased roughly 10 percent since the beginning of the year. The stock has fallen 10 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