Assured Guaranty (NYSE:AGO) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Assured Guaranty beat estimated earnings by 17.89%, reporting an EPS of $1.12 versus an estimate of $0.95.
Revenue was down $133.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.67 which was followed by a 6.35% drop in the share price the next day.
Here’s a look at Assured Guaranty’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.89 | 0.84 | 0.89 | 0.82 |
| EPS Actual | 0.22 | 2.11 | 0.46 | 1.34 |
| Revenue Estimate | 190.21M | 92.15M | 90.25M | 165.90M |
| Revenue Actual | 109.00M | 89.00M | 82.00M | 214.00M |
To track all earnings releases for Assured Guaranty visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
