Assured Guaranty (AGO) Misses Q2 EPS by 43c
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Assured Guaranty Ltd. Reports Results for Second Quarter 2022
August 3, 2022 4:17 PM EDTGAAP Highlights: Net loss attributable to Assured Guaranty Ltd. was $47 million, or $0.74 per share, for second quarter 2022, which includes after-tax losses of: $63 million related to foreign exchange remeasurement, $27 million on alternative investments, $25 million on available-for-sale investments, and $15 million on trading securities. Shareholders equity attributable to Assured Guaranty Ltd. per share was $84.89 as of June 30, 2022. Non-GAAP Highlights: Adjusted operating income(1) was $30 million, or $0.46 per share, for second quarter 2022, which includes after-tax losses of $27 million on alternative investments and $15 million on trading securities. Adjusted operating shareholders equity(1) per share and adjusted book value (ABV)(1) per share were $90.18 and... More

