Assured Guaranty posts Q3 profit of $1.94 per share, tops $1.65 estimate

Assured Guaranty (AGO) reported third-quarter 2026 adjusted operating income of $86 million, or $1.94 per share, against a $1.65 consensus estimate for adjusted earnings per share. Total revenue was $214 million, above the $207.76 million estimate.

Shares were little changed at 9:48 a.m. ET, from a $71.76 close.

Net income attributable to Assured Guaranty was $78 million, or $1.75 per share.

Here's how the company did:

• Adjusted EPS: $1.94 vs. $2.57 a year earlier, against a $1.65 consensus estimate
• Revenue: $214 million vs. $207 million a year earlier

Premium production

Gross written premiums were $127 million for the quarter. Present value of new business production was $128 million.

Capital and book value

Shareholders' equity attributable to Assured Guaranty was $122.91 per share as of September 30, 2026. Adjusted book value was $192.60 per share.

The company returned $27 million to shareholders in the quarter, including $10 million of share repurchases and $17 million of dividends. It was authorized to repurchase an additional $121 million of its common shares as of November 4, 2026.

Loss expense

Financial guaranty loss expense was $1 million for the quarter, and net economic loss development was a benefit of $27 million, driven largely by additional liquidity available to Brightline Trains Florida LLC.