Assured Guaranty: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2024, 10:11 AM ET
Last Updated - Aug 08, 2024, 10:11 AM EDT
HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Assured Guaranty Ltd. (AGO) on Wednesday reported second-quarter profit of $78 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $1.41. Earnings, adjusted for non-recurring costs, were $1.44 per share.
The insurance holding company posted revenue of $202 million in the period. Its adjusted revenue was $189 million.
Assured Guaranty shares have climbed 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $76.29, an increase of 22% in the last 12 months.
