Assured Guaranty: Q4 Earnings Snapshot

In this article:

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Assured Guaranty Ltd. (AGO) on Tuesday reported fourth-quarter earnings of $376 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $6.40. Earnings, adjusted for non-recurring gains, came to $5.75 per share.

The insurance holding company posted revenue of $327 million in the period. Its adjusted revenue was $201 million.

For the year, the company reported profit of $739 million, or $12.30 per share. Revenue was reported as $770 million.

Assured Guaranty shares have risen 14% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $85.64, an increase of 38% 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

Advertisement