earnings
confidence high
sentiment positive
materiality 0.75
Assured Guaranty Q3 net income $171M ($3.17/sh); ABV hits record $166.47; board adds $250M buyback
ASSURED GUARANTY LTD
2024-Q3 EPS reported
$6.44
revenue$716,000,000
- Net income $171M ($3.17 diluted EPS); adj. operating income $130M ($2.42/sh).
- Record ABV per share $166.47; shareholders' equity per share $111.09.
- Q3 GWP $61M, PVP $63M; first 9 months GWP $254M (+$33M YoY), PVP $281M (+$32M YoY).
- Returned $147M to shareholders in Q3 ($131M buybacks, $16M dividends).
- Board authorized additional $250M share repurchase on Nov 8, 2024.