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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.

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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