ADVERTISEMENT

Assured Guaranty: Q4 Earnings Snapshot

February 24, 2022 GMT

HAMILTON, Bermuda (AP) _ Assured Guaranty Ltd. (AGO) on Thursday reported fourth-quarter earnings of $263 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $3.74. Earnings, adjusted for non-recurring costs, came to $3.88 per share.

The insurance holding company posted revenue of $263 million in the period.

For the year, the company reported profit of $389 million, or $5.23 per share. Revenue was reported as $848 million.

Assured Guaranty shares have risen 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $56.20, a climb of 28% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGO at https://www.zacks.com/ap/AGO