Assured Guaranty (AGO) Tops Q3 EPS by 75c

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Assured Guaranty Ltd. Reports Results for Third Quarter 2018

November 8, 2018 4:10 PM EST

Shareholders' equity per share, non-GAAP operating shareholders' equity1 per share and non-GAAP adjusted book value1 per share reached new records at $61.73, $60.20 and $84.51, respectively. Net income and non-GAAP operating income1 were each $161 million, or $1.47 per share, for third quarter 2018. PVP1 increased 21% to $52 million compared to third quarter 2017. In third quarter 2018, 3.3 million shares were repurchased for $130 million. Year-to-date repurchases (through November 8, 2018) were 11.4 million shares or $429 million.

HAMILTON, Bermuda--(BUSINESS WIRE)-- Assured Guaranty Ltd. (NYSE:... More