Assured Guaranty (AGO) Tops Q2 EPS by 67c

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Assured Guaranty Ltd. Reports Results for Second Quarter 2020

August 7, 2020 3:00 AM EDT

GAAP Highlights

Net income attributable to Assured Guaranty Ltd. was $183 million, or $2.10 per share,(1) for second quarter 2020. Shareholders equity attributable to Assured Guaranty Ltd. per share reached a new record of $76.66 as of June 30, 2020.

Non-GAAP Highlights

Adjusted operating income(2) was $119 million, or $1.36 per share, for second quarter 2020. Adjusted operating shareholders equity(2) per share and adjusted book value (ABV)(2) per share reached new records of $71.34 and $104.63, respectively, as of June 30, 2020.

Total Capital Returned to Shareholders

Total capital returned to shareholders was $181 million, including... More