earnings
confidence high
sentiment positive
materiality 0.65
Assured Guaranty Q2 net income $125M ($2.06/sh); adj operating income $36M ($0.60/sh)
ASSURED GUARANTY LTD
2023-Q2 EPS reported
$3.40
revenue$643,000,000
- GAAP net income $125M ($2.06 diluted EPS) for Q2 2023; shareholders' equity per share $89.65.
- Adjusted operating income $36M ($0.60 diluted EPS); adjusted book value per share $144.21.
- Returned $41M to shareholders in Q2: $24M in share repurchases and $17M in dividends.
- Insurance segment adj operating income $106M; gross written premiums $95M; PVP $91M.
- H1 2023 US public finance insured primary market share 63% (vs 56% H1 2022); total penetration 9.0%.