Assured Guaranty Q2 2024 Adj. EPS $1.44 Beats $1.39 Estimate, Sales $202.000M Beat $194.370M Estimate
Portfolio Pulse from Benzinga Newsdesk
Assured Guaranty (NYSE:AGO) reported Q2 2024 adjusted EPS of $1.44, beating the estimate of $1.39. Sales were $202 million, surpassing the $194.37 million estimate but down 43.89% from $360 million last year.
August 07, 2024 | 8:18 pm
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Assured Guaranty (NYSE:AGO) reported Q2 2024 adjusted EPS of $1.44, beating the estimate of $1.39. Sales were $202 million, surpassing the $194.37 million estimate but down 43.89% from $360 million last year.
The positive earnings and sales figures beating analyst estimates are likely to have a short-term positive impact on AGO's stock price. However, the significant year-over-year decline in sales may temper the enthusiasm.
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