AGO Earnings Prediction
The chart below shows how AGO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AGO sees a -1.60% change in stock price 10 days leading up to the earnings, and a -0.17% change 10 days following the report. On the earnings day itself, the stock moves by -0.67%. This data can give you a slight idea of what to expect for the next quarter's release.
AGO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
247.00M
61.44%
41.95%
Gross Margin
--
--
--
Operating Margin
80.97%
358.11%
73.94%
Net Margin
71.26%
-31.43%
53.08%
EPS
3.16
20.15%
122.54%
No Data Available
AGO Earnings Analysis
Assured Guaranty, LTD Corporation (AGO.N) Earnings Conference Call
Positive
Record Highs in Share Metrics: Adjusted book value per share at $166.47 and adjusted operating shareholders' equity per share at $113.96 both reached record highs at the end of the third quarter.
Adjusted Operating Income Increase: Year-to-date, Assured Guaranty has earned adjusted operating income of $5.80 per share, 13% more than in the first nine months of last year.
PVP Performance Increase: Our PVP for the first three quarters reached or exceeded $240 million, coming in at $281 million for 2024, $32 million higher than the first three quarters of the last year.
New Insured Par Growth: Assured Guaranty has insured $16.6 billion of new insured par, 18% higher than in the same period last year, marking the second highest first nine-month primary market par we've insured over the last decade.
Operating Income Comparison: In the third quarter of 2024, we reported adjusted operating income of $130 million or $2.42 per share, compared to $206 million or $3.42 per share in the third quarter of 2023.
Negative
Operating Income Decline: Adjusted operating income for Q3 2024 was $130 million, down from $206 million in Q3 2023, reflecting a decrease of $76 million.
Corporate Division Loss: The company reported a loss of $29 million in the corporate division, indicating financial strain in that segment.
Operating Income Per Share Decline: Year-to-date adjusted operating income per share decreased to $2.42, compared to $3.42 per share in the same period last year.
Net Investment Income Decline: The company faced a significant decline in net investment income, which was reported at $82 million for Q3 2024, down from $101 million in Q3 2023.
Potential Future Liabilities: The economic loss development in the UK regulated utilities sector was not included in loss expense, indicating potential future liabilities.
AGO FAQs
How does AGO typically perform around its earnings report dates?
Is Assured Guaranty Ltd (AGO) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
AGO Earning Call Sentiment
Assured Guaranty Ltd (AGO) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AGO.N
0.53%Positive
The earnings call summary shows strong financial metrics with record high book values and stable net earned premiums. Despite a decline in adjusted operating income and net investment income, the company is executing a significant share repurchase program, which is generally positive for stock prices. The Q&A section reveals confidence in capital management and no expected significant losses. The market cap suggests a moderate reaction. Overall, the positive aspects outweigh the negatives, leading to a predicted stock price increase of 2% to 8% over the next two weeks.
