earnings
confidence high
sentiment positive
materiality 0.70
Assured Guaranty Q3 adj operating income $133M ($2.11/sh) up 369% YoY; GAAP EPS $0.18
ASSURED GUARANTY LTD
2022-Q3 EPS reported
$0.46
revenue$431,000,000
- GAAP net income $11M ($0.18/sh) includes $72M after-tax FX loss and $40M credit derivative fair value adjustments.
- Adjusted operating income $133M ($2.11/sh) vs $28M in Q3 2021, up 369% YoY.
- Insurance segment adjusted operating income $159M; GWP $94M, PVP $95M led by intl & US public finance.
- Returned $113M to shareholders: $97M share repurchases (1.8M shares) and $16M dividends; 60.7M shares outstanding.
- Adjusted book value per share $137.87 as of Sep 30, 2022.