Assured Guaranty: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Assured Guaranty (NYSE:AGO) reported its Q3 earnings results, beating estimated earnings by 225.71% with an EPS of $3.42 versus an estimate of $1.05. Revenue was up $6.00 million from the same period last year. Last quarter, the company missed on EPS by $0.54, which was followed by a 2.92% drop in the share price the next day.
November 07, 2023 | 9:50 pm
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Assured Guaranty's Q3 earnings significantly exceeded estimates, which could lead to a positive short-term impact on the stock.
Assured Guaranty's Q3 earnings significantly exceeded estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. However, it's important to note that last quarter, the company missed on EPS, which was followed by a drop in the share price.
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