Assured Guaranty (AGO) Misses Q1 EPS by 21c

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Go back to Assured Guaranty (AGO) Misses Q1 EPS by 21c

Assured Guaranty Ltd. Reports Results for First Quarter 2016

May 4, 2016 4:20 PM EDT

Net income was $59 million, or $0.43 per share, for first quarter 2016, compared with $201 million, or $1.28 per share, for first quarter 2015. Operating income1 was $113 million, or $0.82 per share, for first quarter 2016, compared with $140 million, or $0.89 per share, for first quarter 2015. Shareholders' equity per share, operating shareholders' equity1 per share and adjusted book value1 per share reached new records of $45.26, $44.08 and $61.40, respectively. First quarter 2016 share repurchases totaled $75 million, or 3.0 million shares.

HAMILTON, Bermuda--(BUSINESS... More