Assured Guaranty (AGO) Tops Q2 EPS by 49c
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Assured Guaranty Ltd. Reports Results for Second Quarter 2016
August 3, 2016 4:19 PM EDTNet income was $146 million, or $1.09 per share, for second quarter 2016, compared with $297 million, or $1.96 per share, for second quarter 2015. Operating income1 was $139 million, or $1.03 per share, for second quarter 2016, compared with $278 million, or $1.83 per share, for second quarter 2015. Shareholders' equity per share was $47.06, operating shareholders' equity1 per share was $45.26 and adjusted book value1 per share was $61.86. Second quarter 2016 share repurchases totaled $60 million, or 2.3 million shares. Assured Guaranty Corp. acquired CIFG Holding Inc. on... More
