Assured Guaranty (AGO) Tops Q1 EPS by 11c

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Assured Guaranty Ltd. Reports Results for First Quarter 2023

May 9, 2023 4:05 PM EDT

GAAP Highlights: Net income attributable to Assured Guaranty Ltd. was $81 million, or $1.34 per share(1), for first quarter 2023. Shareholders equity attributable to Assured Guaranty Ltd. per share was $88.07 as of March 31, 2023. Non-GAAP Highlights: Adjusted operating income(2) was $68 million, or $1.12 per share, for first quarter 2023. Adjusted operating shareholders equity(2) per share and adjusted book value (ABV)(2) per share were $94.58 and $143.04, respectively, as of March 31, 2023. Return of Capital to Shareholders: First quarter 2023 dividends were $18 million. Insurance... More