NYSE$AGO
Assured Guaranty Ltd. · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Assured Guaranty achieved strong results in Q2 2020, driven by new insurance business and capital management.
Assured Guaranty Ltd. reported a net income of $183 million, or $2.10 per share, for the second quarter of 2020. The company achieved its strongest second-quarter result for direct new insurance business production since the acquisition of AGM in July 2009. Total capital returned to shareholders was $181 million, including share repurchases of $164 million.
- Net income attributable to Assured Guaranty Ltd. was $183 million, or $2.10 per share for second quarter 2020.
- Shareholders’ equity attributable to Assured Guaranty Ltd. per share reached a new record of $76.66 as of June 30, 2020.
- Adjusted operating income was $119 million, or $1.36 per share, for second quarter 2020.
- Total capital returned to shareholders was $181 million, including share repurchases of $164 million in second quarter 2020.
Headline financials
Revenue & EPS history
Assured Guaranty · Revenue · Quarterly
$372M
Revenue by segment
Assured Guaranty · $259M total across 2 segments · Q2 2020
- Insurance segment$246M—95.0%
- Asset management AOI$13M—5.0%
Forward guidance
Company is well positioned to withstand the potential financial stress that could result from the pandemic, based on our low insured leverage, granular and diversified insured portfolio, strong liquidity position and significant excess capital.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2020
+0.6%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+1.1%
Avg return
30 days after
52%
36 / 69 earnings
Positive
+12.3%
Q4 2021
Best reaction
-14.0%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -0.6% | -0.2% | — | |
| Q1 2026 | -8.9% | -8.9% | -8.4% | |
| Q3 2025 | +6.6% | +7.4% | +8.7% | |
| Q2 2025 | +0.0% | +0.8% | +0.0% | |
| Q1 2025 | -1.3% | -2.4% | -3.4% | |
| Q4 2024 | -5.3% | -13.1% | +2.4% | |
| Q3 2024 | +4.4% | +4.0% | +3.0% | |
| Q2 2024 | -3.3% | -3.1% | +1.2% | |
| Q1 2024 | +3.9% | +0.3% | -1.8% | |
| Q4 2023 | +10.9% | +7.1% | +1.8% | |
| Q3 2023 | +0.7% | -0.4% | +4.4% | |
| Q2 2023 | -3.1% | -4.1% | -4.9% | |
| Q1 2023 | -0.3% | -0.5% | +1.9% | |
| Q4 2022 | -5.8% | +4.6% | +2.3% | |
| Q3 2022 | +1.5% | +2.5% | +7.8% | |
| Q2 2022 | -14.0% | -11.4% | -11.2% | |
| Q1 2022 | -2.3% | -6.1% | -2.3% | |
| Q4 2021 | +12.3% | -0.9% | -15.1% | |
| Q3 2021 | -1.8% | -3.7% | -15.6% | |
| Q2 2021 | +2.5% | +3.6% | +0.0% | |
| Q1 2021 | -5.3% | -9.2% | -7.8% | |
| Q4 2020 | +0.5% | -0.0% | +0.7% | |
| Q3 2020 | +0.8% | +16.5% | +17.7% | |
| Q2 2020 | +10.2% | +10.1% | -0.7% | |
| Q1 2020 | +2.0% | -8.3% | +3.9% | |
| Q4 2019 | -5.3% | +27.6% | +50.2% | |
| Q3 2019 | -0.3% | -0.1% | +2.3% | |
| Q2 2019 | +6.3% | +5.2% | +1.5% | |
| Q1 2019 | -3.5% | -7.7% | -7.4% | |
| Q4 2018 | +5.5% | +5.8% | +7.5% | |
| Q3 2018 | +0.6% | -2.3% | -5.0% | |
| Q2 2018 | -0.4% | +1.3% | +4.7% | |
| Q1 2018 | +1.6% | -1.6% | +1.1% | |
| Q4 2017 | -3.3% | -8.5% | -7.9% | |
| Q3 2017 | +0.2% | -2.6% | -2.7% | |
| Q2 2017 | -0.5% | -2.0% | -5.8% | |
| Q1 2017 | +3.3% | +3.5% | +4.1% | |
| Q4 2016 | +2.3% | -0.7% | -11.0% | |
| Q3 2016 | +7.2% | +10.0% | +23.2% | |
| Q2 2016 | +2.7% | +4.2% | +4.3% | |
| Q1 2016 | +2.0% | — | — | |
| Q4 2015 | +1.7% | — | — | |
| Q3 2015 | +5.3% | — | — | |
| Q2 2015 | +3.5% | — | — | |
| Q1 2015 | +4.8% | — | — | |
| Q4 2014 | -1.1% | — | — | |
| Q3 2014 | +5.0% | — | — | |
| Q2 2014 | +2.9% | — | — | |
| Q1 2014 | +8.9% | — | — | |
| Q4 2013 | +2.0% | — | — | |
| Q3 2013 | +7.5% | — | — | |
| Q2 2013 | +4.0% | — | — | |
| Q1 2013 | +3.8% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | +1.4% | — | — | |
| Q2 2012 | +11.5% | — | — | |
| Q1 2012 | -0.4% | — | — | |
| Q2 2009 | -0.6% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2011 | -10.8% | — | — | |
| Q2 2011 | -4.1% | — | — | |
| Q1 2010 | -4.5% | — | — | |
| Q1 2011 | -0.8% | — | — | |
| Q4 2009 | -4.4% | — | — | |
| Q4 2008 | -4.4% | — | — | |
| Q4 2010 | -4.4% | — | — | |
| Q3 2009 | -3.5% | — | — | |
| Q3 2010 | -3.5% | — | — | |
| Q2 2010 | -2.3% | — | — |
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