Assured Guaranty Q1 revenue drops 24.3% but beats estimates by 30.6%

Earnings

โดย Yahoo Finance·Read original

Summary · why it matters

Assured Guaranty reported first-quarter revenues of $261 million, a 24.3% decline year on year, yet exceeded analysts' expectations by 30.6%. The company also beat earnings per share estimates, marking a very strong quarter overall. Among the 32 property and casualty insurance stocks tracked, Assured Guaranty achieved the biggest analyst estimate beat but had the slowest revenue growth. Its stock has remained flat since reporting, trading at $82.47.

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